HB 247 Hawaii House · 2025 Regular Session

RELATING TO THE HAWAII ABLE SAVINGS PROGRAM.

Summary
Repeals the requirement to use the Hawaii ABLE Savings Program Trust Fund if the Director elects to accept deposits from contributors instead of sending deposits directly to the ABLE program manager. Authorizes the Director of Finance to expend moneys in the trust fund to provide incentive payments to Hawaii public school ABLE account owners. Appropriates funds for incentive payments to Hawaii public school ABLE account owners and to fund a position to provide statewide outreach, advocacy, and relationship management for the Hawaii ABLE Savings Program.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Jan 21, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 21, 2025
Committee
Referred to HLT, FIN, referral sheet 1
lower
Jan 17, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 16, 2025
Introduced
Pending introduction.
lower
13 primary · 0 co-sponsors

Sponsors