Sign Up
SB 1081 Hawaii Senate · 2019 Regular Session

RELATING TO INDIVIDUAL DEVELOPMENT ACCOUNTS.

Summary
Expands eligibility for state-funded individual development accounts to households with income up to 100 percent of the area median income. Expands allowable uses of account funds to rental housing, transportation, costs related to the purchase or repair of a motor vehicle, and qualified business capitalization expenses for a small business. Clarifies certain requirements for fiduciary organizations. Reactivates the tax credit for the five-year period for taxable years 2020 through 2024. Effective 7/1/2050. (SD1)
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2019 Last action Feb 15, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
9
Key actions
3
Committee
7
Feb 15, 2019
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 15, 2019
Committee
Reported from HOU/EET (Stand. Com. Rep. No. 556) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 13, 2019
Upper · Passed
The committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 5 Aye(s): Senator(s) Wakai, Taniguchi, Inouye, J.Keohokalole, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
upper
Feb 13, 2019
Upper · Passed
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) S. Chang, Kanuha, Moriwaki, L. Thielen, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
upper
Feb 8, 2019
Upper · Passed
The committee(s) on HOU/EET has scheduled a public hearing on 02-13-19 3:15PM in conference room 414.
upper
Jan 31, 2019
Committee
Re-Referred to HOU/EET, WAM.
upper
Jan 28, 2019
Committee
Referred to HMS/HOU/EET, WAM.
upper
Jan 24, 2019
Introduced
Introduced.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.