30th Legislature, 2019
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SB1081 SD1       (?)


Measure Title: RELATING TO INDIVIDUAL DEVELOPMENT ACCOUNTS.
Report Title: Individual Development Accounts
Description: 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)
Companion:  HB334
Package: None
Current Referral: HOU/EET, WAM
Introducer(s): KOUCHI (Introduced by request of another party)

Sort by Date Status Text
1/24/2019SIntroduced.
1/24/2019SPassed First Reading.
1/28/2019SReferred to HMS/HOU/EET, WAM.
1/31/2019SRe-Referred to HOU/EET, WAM.
2/8/2019SThe committee(s) on HOU/EET has scheduled a public hearing on 02-13-19 3:15PM in conference room 414.
2/13/2019SThe 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.
2/13/2019SThe 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.
2/15/2019SReported from HOU/EET (Stand. Com. Rep. No. 556) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/15/2019SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

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

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SB1081 SD1





No testimony available at this time.

CommRoomDate/TimeNotice 
HOU/EET 414 2/13/2019 3:15 PM View