# Hawaii HB 2520: RELATING TO TAXATION.

Hawaii HB 2520, RELATING TO TAXATION., is a 2025–2026 Regular Session (Year 2) House bill sponsored by Chris Todd (Democratic); status failed, last action 2026-02-02 (Referred to ECD, FIN, referral sheet 6) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-HB2520-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 2520
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO TAXATION.
- Status: failed
- Chamber: House
- Introduced: 2026-01-28
- Last action: 2026-02-02, Referred to ECD, FIN, referral sheet 6
- Sponsor: Chris Todd (Democratic)
- Cosponsors: 0
- Subjects: DBEDT, Income Tax, Tax Credit for Research Activities, Base Amount, Annual Cap, Department of Taxation, ECD, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Chris Todd (Democratic), House

## Actions (2)

- 2026-02-02: Referred to ECD, FIN, referral sheet 6 (House)
- 2026-01-28: Introduced and Pass First Reading. (House)

## Bill text

- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2520_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2520_.pdf)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2338: RELATING TO HOUSING. (signed)
- HB 1973: RELATING TO HEALTH. (signed)

## Sources
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2520_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB2520_.pdf)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [HB 1973: RELATING TO HEALTH.](https://policyrisk.com/state-bill/HI-HB1973-2026)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/HI-HB2520-2026 (as of 2026-11-01).