30th Legislature, 2019
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HB470       (?)


Measure Title: RELATING TO RETIREMENT SAVINGS.
Report Title: Kupuna Caucus; Hawaii Retirement Savings Program; Hawaii Retirement Savings Board; Feasibility Study; Legislative Reference Bureau; Appropriation ($)
Description: 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.
Companion:  SB1028
Package: Kupuna Caucus
Current Referral: HSH/LAB, IAC/CPC, FIN
Introducer(s): TAKAYAMA, AQUINO, BROWER, CACHOLA, CREAGAN, DECOITE, ELI, HAR, HASHEM, HASHIMOTO, HOLT, ICHIYAMA, KITAGAWA, C. LEE, LOWEN, MATAYOSHI, MCKELVEY, MIZUNO, MORIKAWA, NAKAMURA, NISHIMOTO, OKIMOTO, PERRUSO, SAY, TARNAS, THIELEN, WILDBERGER, WOODSON, YAMASHITA, Ward

Sort by Date Status Text
1/18/2019HPending introduction.
1/22/2019HIntroduced and Pass First Reading.
1/22/2019HReferred to HSH/LAB, IAC/CPC, FIN, referral sheet 3

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB470




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