Hawaii HB1535 creates a tax credit for businesses that purchase and install automated external defibrillators in public accommodations.

Hawaii HB1535 amends Chapter 235 of the Hawaii Revised Statutes to introduce an automated external defibrillator subsidization tax credit. This credit is available to qualified taxpayers who purchase and install automated external defibrillators in places of public accommodation with five or more employees. The credit amount is $500 per device, with a maximum credit of $5,000 per qualified taxpayer per taxable year. If the credit exceeds the taxpayer's income tax liability, the excess can be used as a credit against future tax liabilities.

Hawaii HB1535 creates a tax credit for businesses that purchase and install automated external defibrillators in public accommodations.

Hawaii HB1535 amends Chapter 235 of the Hawaii Revised Statutes to introduce an automated external defibrillator subsidization tax credit. This credit is available to qualified taxpayers who purchase and install automated external defibrillators in places of public accommodation with five or more employees. The credit amount is $500 per device, with a maximum credit of $5,000 per qualified taxpayer per taxable year. If the credit exceeds the taxpayer's income tax liability, the excess can be used as a credit against future tax liabilities.