Hawaii SB338 temporarily reinstates a tax credit for technology infrastructure renovation costs incurred by businesses.
Hawaii SB338 amends the state tax code to temporarily reinstate a tax credit for renovation costs related to technology infrastructure. The credit applies to costs incurred by businesses for technology-enabled infrastructure, including data servers, high-speed telecommunications systems, and environmental systems. The credit is available for taxable years beginning after December 31, 2025, but not after December 31, 2027.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.