Informing the Legislature that on May 21, 2026, the Governor signed the following bill into law: SB3125 SD1 HD1 CD2 (ACT 024).
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Summary
The bill amends Hawaii’s tax code to let individuals and corporations claim a credit for installing renewable‑energy systems, primarily solar and wind. Credits are limited by the taxpayer’s adjusted gross income and by caps on system size and total yearly credit amounts. The goal is to encourage clean‑energy installations while controlling state tax revenue impacts.
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