# Hawaii SB 376: RELATING TO TAX CREDITS.

Hawaii SB 376, RELATING TO TAX CREDITS., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Angus L.K. McKelvey (Democratic); status in committee, last action 2025-02-14 (Reported from PSM/CPN (Stand. Com. Rep. No. 550) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-SB376-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 376
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO TAX CREDITS.
- Status: in committee
- Chamber: Senate
- Introduced: 2025-01-14
- Last action: 2025-02-14, Reported from PSM/CPN (Stand. Com. Rep. No. 550) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Sponsor: Angus L.K. McKelvey (Democratic)
- Cosponsors: 6
- Subjects: Home Fire Safety Improvement Nonrefundable Tax Credit, Insurance Commissioner, Fire Safety, Homeowner's Insurance, PSM/CPN, WAM
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Establishes a nonrefundable income tax credit for taxpayers who construct or install improvements to their residence that increase the residence's fire safety rating as calculated by the taxpayer's homeowner's insurance policy. Applies to taxable years beginning after 12/31/2025. Effective 7/1/2077. (SD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Angus L.K. McKelvey (Democratic), Senate
- Cosponsor: AQUINO
- Cosponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Kurt Fevella (Republican), Senate
- Cosponsor: Troy N. Hashimoto (Democratic), Senate
- Cosponsor: Dru Mamo Kanuha (Democratic), Senate
- Cosponsor: Glenn Wakai (Democratic), Senate

## Actions (8)

- 2025-02-14: Reported from PSM/CPN (Stand. Com. Rep. No. 550) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2025-02-14: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2025-02-05: The committee(s) on PSM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in PSM were as follows: 4 Aye(s): Senator(s) Elefante, Wakai, Fukunaga, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Rhoads. (Senate)
- 2025-02-05: The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa. (Senate)
- 2025-01-31: The committee(s) on PSM/CPN has scheduled a public hearing on 02-05-25 9:30AM; Conference Room 229 & Videoconference. (Senate)
- 2025-01-21: Referred to PSM/CPN, WAM. (Senate)
- 2025-01-15: Introduced and passed First Reading. (Senate)
- 2025-01-14: Pending Introduction. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_SD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_.PDF)
- SB376_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_SD1_.HTM)

## Related bills

- SB 572: RELATING TO HOUSING. (signed)
- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_SD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_.PDF)
- [SB376_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB376_SD1_.HTM)

## Related
- [SB 572: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB572-2025)
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
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- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB376-2025 (as of 2026-10-17).