HRS §431:7-208
Low-income housing tax credit can be used for insurance taxes
Read the official text at capitol.hawaii.gov ↗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
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
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.
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.