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SB 2431 SD1

Hawaii - Session 2026

Senate failed 2026-03-18
Bill Details

Title: Department of Taxation; Health Insurance; Health Savings Account-Eligible High Deductible Health Plan; Bronze Plan; Catastrophic Plan; Tax Credit; Medically Underserved Areas

Summary

For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings account-eligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written for residents in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)

Sponsor
Dru Mamo Kanuha
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Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-03-18 Status failed
2026-03-18 Latest Action The committee(s) on HLT recommend(s) that the measure be deferred.
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