Act 024, on 05/21/2026 (Gov. Msg. No. 1124).
Summary
The bill updates Hawaii’s individual and corporate income‑tax brackets, sets new tax rates, and adds income limits for certain credits. It tightens the Renewable Energy Technologies Income Tax Credit with caps, certification and a sunset, and phases out a handful of other tax credits in the next two years. The changes affect taxpayers, businesses that install renewable systems, and firms that claim high‑technology investment credits.
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