RELATING TO THE HAWAII ABLE SAVINGS PROGRAM.
Summary
Repeals language that gives the Director of Finance discretion to use moneys in the Hawaiʻi 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 Hawaiʻi ABLE Savings Program Trust Fund to provide incentive payments to Hawaiʻi public school ABLE account owners. Declares that the general fund expenditure ceiling is exceeded. Makes an appropriation to the Department of Budget and Finance to fund the incentive payments. Makes an appropriation to the Department of Health for one full-time equivalent (1.0 FTE) permanent position within the State Council on Developmental Disabilities to provide statewide outreach, advocacy, and relationship management for the Hawaiʻi ABLE savings program.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2024
Last action Feb 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Jan 26, 2024
Committee
Referred to HUS, FIN, referral sheet 3
lower
Jan 24, 2024
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2024
Introduced
Pending introduction.
lower
9 primary · 1 co-sponsor
Sponsors
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