Hawaii · 2026 Regular Session · Bill
HB 2520: RELATING TO TAXATION.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2520 is a bill introduced in the Hawaii House on January 28, 2026. According to its official title, it concerns: RELATING TO TAXATION. Primary sponsor: Chris Todd (Democratic). Most recent recorded action (February 2, 2026): Referred to ECD, FIN, referral sheet 6.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Clarifies that references to the base amount in section 41, Internal Revenue Code of 1986, as amended, shall not apply to the tax credit for research activities, and that the tax credit for qualified research expenses may be claimed without regard to expenses in previous years. Increases the annual cap on the total amount of credits that may be certified by the Department of Business, Economic Development, and Tourism.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Chris Todd | Primary sponsor | Democratic | House | 3 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Referred to ECD, FIN, referral sheet 6
- Introduced and Pass First Reading.