Hawaii SB768 proposes a refundable income tax credit for taxpayers who install, repair, or purchase water delivery services for residential.

Hawaii SB768 aims to provide a refundable income tax credit to taxpayers who invest in alternative water sources. This includes costs for installing, placing into service, or repairing a water catchment system or purchasing water delivery services for residential properties. The credit is limited to the lesser of these costs or $500. The bill also mandates that the director of taxation prepare necessary forms for claiming the credit and requires compliance with specific deadlines.

Hawaii SB768 proposes a refundable income tax credit for taxpayers who install, repair, or purchase water delivery services for residential.

Hawaii SB768 aims to provide a refundable income tax credit to taxpayers who invest in alternative water sources. This includes costs for installing, placing into service, or repairing a water catchment system or purchasing water delivery services for residential properties. The credit is limited to the lesser of these costs or $500. The bill also mandates that the director of taxation prepare necessary forms for claiming the credit and requires compliance with specific deadlines.