STAND. COM. REP. NO.  1403

 

Honolulu, Hawaii

                , 2017

 

RE:   H.R. No. 58

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

 

Sir:

 

     Your Committee on Human Services, to which was referred H.R. No. 58 entitled:

 

"HOUSE RESOLUTION REQUESTING THE DEPARTMENT OF BUDGET AND FINANCE TO PROVIDE A STATUS REPORT ON THE HAWAII ABLE SAVINGS PROGRAM,"

 

begs leave to report as follows:

 

     The purpose of this measure is to request the Department of Budget and Finance (B&F) to provide a status report to the Legislature prior to the Regular Session of 2018 on the establishment and implementation of the Hawaii ABLE Savings Program, a qualified tax exempt savings program that encourages and assists individuals with a disability and their families to save private funds to support the individual with a disability.

 

     An individual testified in support of this measure.  B&F submitted comments on this measure.

 

     As affirmed by the record of votes of the members of your Committee on Human Services that is attached to this report, your Committee concurs with the intent and purpose of H.R. No. 58 and recommends that it be referred to your Committee on Finance.

 

 

Respectfully submitted on behalf of the members of the Committee on Human Services,

 

 

 

 

____________________________

DEE MORIKAWA, Chair