Hawaii SB3217 modifies tax credit certification limits and repeals certain statutory material.

Hawaii SB3217 amends tax credit certification limits by increasing the annual aggregate amount from $5,000,000 to $15,000,000 before the Department of Business, Economic Development, and Tourism must discontinue certifying credits. It also repeals specific statutory material and applies to taxable years beginning after December 31, 2025.

Hawaii SB3217 modifies tax credit certification limits and repeals certain statutory material.

Hawaii SB3217 amends tax credit certification limits by increasing the annual aggregate amount from $5,000,000 to $15,000,000 before the Department of Business, Economic Development, and Tourism must discontinue certifying credits. It also repeals specific statutory material and applies to taxable years beginning after December 31, 2025.