HI SB3062 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 24 2018 - 25% progression, died in committee
Action: 2018-02-08 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Allows taxpayers to deduct contributions to a college savings account up to $5,000 per taxpayer from the taxpayer's adjusted gross income. Establishes requirements for college savings accounts to qualify for the deduction. Applies to taxable years beginning after 12/31/2017. Takes effect 5/12/2030. (SD1)

Tracking Information

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Title

Relating To College Savings Accounts.

Sponsors


History

DateChamberAction
2018-02-08SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2018-02-08SenateReported from HRE (Stand. Com. Rep. No. 2070) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2018-02-01SenateThe committee(s) on HRE recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HRE were as follows: 3 Aye(s): Senator(s) K. Kahele, Keith-Agaran, Kidani; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kim, S. Chang.
2018-01-29SenateThe committee(s) on HRE has scheduled a public hearing on 02-01-18 1:15PM in conference room 224.
2018-01-26SenateReferred to HRE, WAM.
2018-01-26SenatePassed First Reading.
2018-01-24SenateIntroduced.

Subjects


Hawaii State Sources


Bill Comments

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