Hawaii HB182 amends the earned income tax credit to increase the credit to 50% of the federal credit.

Hawaii HB182 amends the Hawaii Revised Statutes to change the earned income tax credit for qualifying individual taxpayers. The bill increases the credit to 50% of the federal earned income tax credit, up from 40%. This change applies to taxable years beginning after December 31, 2024. The bill also repeals certain sections of the law effective December 31, 2027.

Hawaii HB182 amends the earned income tax credit to increase the credit to 50% of the federal credit.

Hawaii HB182 amends the Hawaii Revised Statutes to change the earned income tax credit for qualifying individual taxpayers. The bill increases the credit to 50% of the federal earned income tax credit, up from 40%. This change applies to taxable years beginning after December 31, 2024. The bill also repeals certain sections of the law effective December 31, 2027.