States / Hawaii / HB 707

HB 707 Reported from Committee

RELATING TO THE COLLEGE SAVINGS PROGRAM.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Establishes a state income tax deduction for contributions made to Hawaii 529 accounts through the college savings program and accounts made through the Hawaii ABLE Savings Program. Conforms to the amendments of the Internal Revenue Code that authorize 529 benefits to be used for K-12 educational expenses. Effective 7/1/3000. (HD1)

Chamber
House
Introduced
Jan 17, 2025
Last action
Jan 17, 2025 — Pending introduction.
Session
2026
Momentum
44 · Moderate