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HRS §431:7-208

Low-income housing tax credit can be used for insurance taxes

This section says that the low-income housing tax credit from another law can be used to reduce the insurance premium tax. It applies to the tax under section 431:7-202. No other details are given.

The statute, as written — Low-income housing, insurance premium tax credit

The low-income housing tax credit provided under section 235-110.8 shall be operative for this chapter and may be claimed against the tax imposed under section 431:7-202.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§235-110.8 How Hawaii's low-income housing tax credit works

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.