SB 2552 SD1 HD1 CD1

Hawaii Senate bill in Session 2026.

Status: enrolled. Latest action: May 8, 2026.

Income Tax; Individual Housing Accounts; Pre-tax Savings; Maximum Annual Deduction; Maximum Total Deduction; Increase.

Bill ID HI-2026-SB-2552
Session 2026
Status enrolled
Committee HSG, FIN
Senate enrolled 2026-05-08
Summary

For taxable years beginning 1/1/2027: (1) increases the maximum annual and total allowable deduction for contributions to individual housing accounts for income tax deductions; and (2) increases the maximum allowable contributions for individual housing accounts to qualify for the income tax deductions. Repeals outdated language applicable to first‑time home purchases made before 1/1/1990, by persons with an individual housing account. (CD1)

Sponsor
Troy N. Hashimoto
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-05-08 Status enrolled
2026-05-08 Latest Action Enrolled to Governor.
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