States / Hawaii / HB 247

HB 247 In Committee

RELATING TO THE HAWAII ABLE SAVINGS PROGRAM.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
Jan 16, 2025
Last action
Jan 16, 2025 — Pending introduction.
Session
2026
Momentum
46 · Moderate