HI SB907 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 23 2015 - 25% progression, died in committee
Action: 2016-02-19 - 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]
Status: Introduced on January 23 2015 - 25% progression, died in committee
Action: 2016-02-19 - 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
Creates a universal children's savings and investment account program in the department of budget and finance to promote financial education, investment, and savings to assist children with a positive financial foundation in adulthood, including but not limited to purchasing a home, starting a business, or obtaining higher education. Establishes the universal children's savings and investment account trust fund. Effective 7/1/2017. (SD1)
Title
Universal Children's Savings Account; Investments
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-19 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2016-02-19 | Senate | Reported from HMS (Stand. Com. Rep. No. 2436) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2016-02-16 | Senate | The committee(s) on HMS recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HMS were as follows: 6 Aye(s): Senator(s) Chun Oakland, Riviere, Green, Harimoto, Ruderman, L. Thielen; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Slom. |
| 2016-02-10 | Senate | The committee(s) on HMS has scheduled a public hearing on 02-16-16 1:25PM in conference room 016. |
| 2016-01-21 | Senate | Re-Referred to HMS, WAM. |
| 2015-12-17 | Carried over to 2016 Regular Session. | |
| 2015-01-28 | Senate | Referred to HSH, WAM. |
| 2015-01-26 | Senate | Passed First Reading. |
| 2015-01-23 | Senate | Introduced. |
