HB 2438: DBEDT; HAWAII CULTURAL TRUST; INCOME TAX CREDIT; SPECIAL NUMBER PLATE

Session Year: 2025-2026
House: House
Latest Version Date: 2026-03-27

Current Status:

In Progress

(2026-03-30: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Establishes the Hawaii Cultural Trust within the Department of Business, Economic Development, and Tourism. Establishes an income tax credit for contributions made to both the Hawaii Cultural Trust and at least one qualified Hawaii cultural organization, under certain conditions. Establishes a special number plate for motor vehicles to support the Hawaii Cultural Trust. Applies the income tax credit to taxable years beginning after 12/31/2026. Effective 7/1/3050. (SD1)

Discussed in Hearing