BILL NUMBER: HB 339, HD-1
INTRODUCED BY: House Committee on Economic Development and Business
EXECUTIVE SUMMARY: Amends HRS section 235-110.91 to provide that the tax credit for research activities is increased to 125% of any credit calculated under section 41 of the Internal Revenue Code. At a minimum the bill needs to clarify the effect on Act 26, SLH 2019, which last year amended the same section of the HRS.