Establishes a refundable diaper income tax credit for eligible taxpayers in Hawaii.

The bill establishes a refundable diaper income tax credit for eligible taxpayers in Hawaii. The credit is available to individual taxpayers who file a head of household, joint, or surviving spouse return with a federal adjusted gross income of less than $90,000 or $120,000, respectively, and have at least one qualifying child. To qualify, the taxpayer must have incurred at least $250 in diaper expenses during the taxable year. The credit is equal to $50 per qualifying child and can be claimed against the net income tax liability for the taxable year.

Establishes a refundable diaper income tax credit for eligible taxpayers in Hawaii.

The bill establishes a refundable diaper income tax credit for eligible taxpayers in Hawaii. The credit is available to individual taxpayers who file a head of household, joint, or surviving spouse return with a federal adjusted gross income of less than $90,000 or $120,000, respectively, and have at least one qualifying child. To qualify, the taxpayer must have incurred at least $250 in diaper expenses during the taxable year. The credit is equal to $50 per qualifying child and can be claimed against the net income tax liability for the taxable year.