SB 1028 Hawaii Senate · 2019 Regular Session

RELATING TO RETIREMENT SAVINGS.

Summary
Requires the legislative reference bureau to conduct a feasibility study to determine the feasibility of establishing a Hawaii retirement savings program. Subject to a positive finding in the feasibility study, establishes the Hawaii retirement savings board to establish, implement, and maintain the Hawaii retirement savings program to cover private sector employees who are not provided a retirement savings plan by their employers. Appropriates funds to the legislative reference bureau to conduct a market analysis. Prohibits employers that offer retirement savings plans or programs to employees from canceling these plans or programs for an unspecified number of years after July 1, 2019.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 18, 2019 Last action Jan 24, 2019
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 24, 2019
Senate · Referred to committee
Referred to LCA, WAM.
Jan 18, 2019
Senate · Introduced
Introduced.
2 primary · 0 co-sponsors

Sponsors