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

Hawaii SB768 introduces a tax credit for taxpayers who either install, repair, or purchase water catchment systems or water delivery services for residential properties. The credit is intended to support residents in areas lacking municipal water infrastructure, particularly in impoverished regions. The credit amount is the lesser of the costs incurred or $500. The credit is refundable if it exceeds the taxpayer's income tax liability. The credit must be claimed within twelve months of the taxable year's close, or it will be waived.

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

Hawaii SB768 introduces a tax credit for taxpayers who either install, repair, or purchase water catchment systems or water delivery services for residential properties. The credit is intended to support residents in areas lacking municipal water infrastructure, particularly in impoverished regions. The credit amount is the lesser of the costs incurred or $500. The credit is refundable if it exceeds the taxpayer's income tax liability. The credit must be claimed within twelve months of the taxable year's close, or it will be waived.