Provides a paid family and medical leave income tax credit for employers in Hawaii.

This bill introduces a paid family and medical leave income tax credit for employers in Hawaii. Qualified taxpayers can claim a credit equal to 35% of wages paid to qualified employees during family and medical leave, up to a maximum of $4,000 per employee per year. To qualify, employers must provide full-time employees with at least two weeks of paid family and medical leave annually and part-time employees with a proportional amount. The credit can be applied to subsequent tax years if unused.

Provides a paid family and medical leave income tax credit for employers in Hawaii.

This bill introduces a paid family and medical leave income tax credit for employers in Hawaii. Qualified taxpayers can claim a credit equal to 35% of wages paid to qualified employees during family and medical leave, up to a maximum of $4,000 per employee per year. To qualify, employers must provide full-time employees with at least two weeks of paid family and medical leave annually and part-time employees with a proportional amount. The credit can be applied to subsequent tax years if unused.