REQUESTING THE DEPARTMENT OF BUDGET AND FINANCE TO WORK WITH THE STATE COUNCIL ON DEVELOPMENTAL DISABILITIES TO ENHANCE THE ABLE SAVINGS PROGRAM BY PROMOTING IT TO ALL INDIVIDUALS WHO MAY QUALIFY.

This Senate resolution asks the Department of Budget and Finance to collaborate with the State Council on Developmental Disabilities to better promote the Hawaii ABLE Savings Program. The initiative aims to encourage all eligible individuals, including those with developmental and other disabilities, to open accounts that allow them to save money for expenses like education, healthcare, and housing. By increasing awareness of this tax-advantaged savings option, the bill seeks to help more people with disabilities access financial planning tools similar to those available to the general public.