HB690

Hawaii HB690 proposes a tax credit for installing or repairing water catchment systems or purchasing water delivery services.

Hawaii HB690 introduces an income tax credit for taxpayers who install, place into service, or repair a water catchment system or purchase water delivery services. The credit is refundable and can be claimed on individual income tax returns. It is equal to the lesser of the costs incurred, $500, or the amount of income tax payments due. The credit aims to support residents in areas lacking municipal water infrastructure, particularly in impoverished regions.