Establishes a state income tax credit for medical travel expenses for Hawaii residents.

This bill creates a tax credit for Hawaii residents who incur travel expenses for medical care, aiming to alleviate financial burdens and improve access to healthcare. The credit applies to travel expenses not covered by insurance, for obtaining medical care for the taxpayer or their dependents. The credit is deductible from the taxpayer's individual net income tax and is subject to certain income limits. The Director of Taxation is tasked with preparing necessary forms and rules to implement the credit. The bill does not affect rights or duties that matured before its effective date.

Establishes a state income tax credit for medical travel expenses for Hawaii residents.

This bill creates a tax credit for Hawaii residents who incur travel expenses for medical care, aiming to alleviate financial burdens and improve access to healthcare. The credit applies to travel expenses not covered by insurance, for obtaining medical care for the taxpayer or their dependents. The credit is deductible from the taxpayer's individual net income tax and is subject to certain income limits. The Director of Taxation is tasked with preparing necessary forms and rules to implement the credit. The bill does not affect rights or duties that matured before its effective date.