Establishes a tax credit for nonpaid family caregivers in Hawaii.

The bill establishes a nonrefundable tax credit for nonpaid family caregivers in Hawaii. Eligible taxpayers can claim a credit against their individual net income tax liability for qualified expenses related to the care of a care recipient, up to a maximum of $3,000 per year. To qualify, the taxpayer must be a relative of the care recipient, have a federal adjusted gross income of $75,000 or less (or $125,000 for married individuals not filing jointly), and not reside in a long-term care facility.

Establishes a tax credit for nonpaid family caregivers in Hawaii.

The bill establishes a nonrefundable tax credit for nonpaid family caregivers in Hawaii. Eligible taxpayers can claim a credit against their individual net income tax liability for qualified expenses related to the care of a care recipient, up to a maximum of $3,000 per year. To qualify, the taxpayer must be a relative of the care recipient, have a federal adjusted gross income of $75,000 or less (or $125,000 for married individuals not filing jointly), and not reside in a long-term care facility.