Establishes a tax credit for small businesses in Hawaii that allow employees to telework.

The bill establishes a telework tax credit for small businesses in Hawaii that allow at least 30% of their workforce to telework. The credit is intended to benefit the state, employers, and employees by improving job satisfaction, expanding internet access, reducing traffic congestion, and lowering carbon emissions. The credit is equal to a specified amount per qualifying employee, up to a maximum. The Director of Taxation is responsible for preparing necessary forms, requiring information to verify claims, and adopting rules to implement the credit.

Establishes a tax credit for small businesses in Hawaii that allow employees to telework.

The bill establishes a telework tax credit for small businesses in Hawaii that allow at least 30% of their workforce to telework. The credit is intended to benefit the state, employers, and employees by improving job satisfaction, expanding internet access, reducing traffic congestion, and lowering carbon emissions. The credit is equal to a specified amount per qualifying employee, up to a maximum. The Director of Taxation is responsible for preparing necessary forms, requiring information to verify claims, and adopting rules to implement the credit.