RELATING TO COLLEGE SAVINGS ACCOUNTS.
Summary
Allows taxpayers to deduct contributions to a college savings account up to $5,000 per taxpayer from the taxpayer's adjusted gross income. Establishes requirements for college savings accounts to qualify for the deduction. Applies to taxable years beginning after 12/31/2017. Takes effect 5/12/2030. (SD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2018
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2018
Last action Feb 8, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
5
Feb 8, 2018
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 8, 2018
Committee
Reported from HRE (Stand. Com. Rep. No. 2070) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 1, 2018
Upper · Passed
The committee(s) on HRE recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HRE were as follows: 3 Aye(s): Senator(s) K. Kahele, Keith-Agaran, Kidani; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kim, S. Chang.
upper
Jan 29, 2018
Upper · Passed
The committee(s) on HRE has scheduled a public hearing on 02-01-18 1:15PM in conference room 224.
upper
Jan 26, 2018
Committee
Referred to HRE, WAM.
upper
Jan 24, 2018
Introduced
Introduced.
upper
2 primary · 0 co-sponsors
Sponsors
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