STAND. COM. REP. NO.  707

 

Honolulu, Hawaii

                , 2015

 

RE:   H.B. No. 119

      H.D. 2

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 119, H.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO HEALTH,"

 

begs leave to report as follows:

 

     The purpose of this measure is to encourage and assist individuals and families to save private funds to support individuals with a disability by:

 

     (1)  Requiring the Director of Finance to establish the Hawaii ABLE Savings Program (Program) to provide for individual savings accounts to support an individual with a disability; and

 

     (2)  Establishing the Hawaii ABLE Savings Program Trust Fund to support the Program.

 

     The State Council on Developmental Disabilities, Disability and Communication Access Board, Autism Speaks, Easter Seals Hawaii, Hawaii Association for Behavior Analysis, and the National Down Syndrome Society supported this measure.  The Department of Budget and Finance and Hawaii Disability Rights Center commented on this measure.

 


     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 119, H.D. 2, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

SYLVIA LUKE, Chair