Hawaii HB2392 proposes a tax credit for employers who implement transportation demand management strategies.

Hawaii HB2392 introduces an alternative transportation options tax credit to encourage employees to use transportation alternatives to single occupancy vehicles. Employers who implement strategies such as carpooling, public transportation, and flexible work arrangements can claim a credit. The bill defines acceptable strategies and outlines how the credit is calculated. It applies to taxable years beginning after December 31, 2026.

Hawaii HB2392 proposes a tax credit for employers who implement transportation demand management strategies.

Hawaii HB2392 introduces an alternative transportation options tax credit to encourage employees to use transportation alternatives to single occupancy vehicles. Employers who implement strategies such as carpooling, public transportation, and flexible work arrangements can claim a credit. The bill defines acceptable strategies and outlines how the credit is calculated. It applies to taxable years beginning after December 31, 2026.