Hawaii House Bill 1547: Relating To Health Savings Accounts.

Hawaii · 2026 Regular Session

What it does

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 accounteligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written 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.

Latest action

The committee(s) on HLT recommend(s) that the measure be deferred. (2026-02-04)

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