THE SENATE

S.B. NO.

3099

THIRTY-FIRST LEGISLATURE, 2022

S.D. 1

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO EARNED INCOME TAX CREDIT.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  Section 235-55.75, Hawaii Revised Statutes, is amended by amending subsection (g) to read as follows:

     "(g)  This section shall apply to taxable years beginning after December 31, 2017, but shall not apply to taxable years beginning after December 31, [2022.] 2028."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on July 1, 2050.


 


 

Report Title:

Earned Income Tax Credit

 

Description:

Extends the availability of the state earned income tax credit until tax year 2028.  Effective 7/1/2050.  (SD1)

 

 

 

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