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RES 395 Draft 01 2024-2026
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RES 395 Draft 01 2024-2026
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Entry Properties
Last modified
12/10/2025 8:51:01 AM
Creation date
11/7/2025 11:12:29 AM
Metadata
Fields
Template:
Bill/Resolution
Bill/Resolution - Type
RES
Bill/Resolution - Council Term
2024-2026
Bill/Resolution
395
Draft
01
Introducer
Heather L. Kimball, Council Member
Referred To
COUNCIL
Action 1
Council: Adopts Res. 395-25 - 11/19/25
Status
Adopted
Date To Mayor or Adoption Date
11/19/2025
Reading Number
1
Reading Date
11/19/2025
Ayes
9-Galimba, Hustace, Inaba, Kagiwada, Kaneali'i-Kleinfelder, Kierkiewicz, Kimball, Onishi, and Villegas
Noes
0
Absent
0
Excused
0
Document Relationships
AGE COUNCIL 2025-11-19 2024-2026
(Related To)
Path:
\Council Records\Agendas\2024-2026\Council
COM 0615.000 2024-2026
(Related To)
Path:
\Council Records\Communications\2024-2026
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1 (1) Shall prepare any forms that may be necessary to claim <br />2 a tax credit under this section; <br />3 (2) May require the taxpayer to furnish reasonable <br />4 information to ascertain the validity of the claim for <br />5 the tax credit made under this section; and <br />6 (3) May adopt rules under chapter 91 necessary to <br />7 effectuate the purposes of this section. <br />8 (g) If the tax credit under this section exceeds the <br />9 taxpayer's income tax liability, the excess of the credit over <br />10 liability may be used as a credit against the taxpayer's income <br />11 tax liability in subsequent years until exhausted. All claims <br />12 for the tax credit under this section, including amended claims <br />13 shall be filed on or before the end of the twelfth month <br />14 following the close of the taxable year for which the credit may <br />15 be claimed. Failure to comply with the foregoing provision <br />16 shall constitute a waiver of the right to claim the credit. <br />17 (h) This section shall not apply to taxable vears <br />18 beginning after December 31, 2032. <br />19 (i) As used in this section: <br />20 "Aerobic treatment unit system" means an individual <br />21 wastewater system that consists of an aerobic treatment unit <br />22 tank, aeration device, piping, and a discharge method that is in <br />M <br />
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