HI HB2197 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 20-0)
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-02-06 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kapela, Nakashima, Ward excused (3).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-02-06 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kapela, Nakashima, Ward excused (3).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Summary
Clarifies the definition of "covered employer" under the Hawaii Retirement Savings Act. Requires covered employers to automatically enroll covered employees into the Hawaii Retirement Savings Program unless the employee chooses to opt out. Effective 7/1/3000. (HD1)
Title
Relating To Hawaii Retirement Savings Act.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kapela, Nakashima, Ward excused (3). |
| 2024-02-06 | House | Reported from LGO (Stand. Com. Rep. No. 104-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN. |
| 2024-02-01 | House | The committee on LGO recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Matayoshi, Garrett, Kapela, Martinez, Tam; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Sayama, Alcos. |
| 2024-01-29 | House | Bill scheduled to be heard by LGO on Thursday, 02-01-24 9:00AM in House conference room 309 VIA VIDEOCONFERENCE. |
| 2024-01-26 | House | Referred to LGO, FIN, referral sheet 3 |
| 2024-01-24 | House | Introduced and Pass First Reading. |
| 2024-01-22 | House | Pending introduction. |
Same As/Similar To
SB2553 (Same As) 2024-04-15 - Received notice of Senate conferees (Sen. Com. No. 678).
Subjects
Automatic Enrollment
Covered Employer
Definition
Hawaii Retirement Savings Act
Hawaii Retirement Savings Program
Opt-Out Option
Covered Employer
Definition
Hawaii Retirement Savings Act
Hawaii Retirement Savings Program
Opt-Out Option
