Hawaii State Legislature
2005 Legislative Session

SB474 SD1

Generated on 8/9/2005 10:58:17 AM

Report Title: Individual Development Account Tax Credit; Extension
Description: Extends the individual development account tax credit for five years. Authorizes financial institutions to claim the tax credit and use part of the private funds contributed for ministerial purposes. Raises contribution and tax credit ceiling from $1 million to $2 million. (SD1)
Package: Women's Legislative Caucus
Introducer(s): INOUYE, BAKER, CHUN OAKLAND, Kim, Fukunaga
Current Referral:HMS, WAM

Date Status Text
1/24/2005SIntroduced and passed First Reading.
1/31/2005SReferred to HMS, WAM.
2/11/2005SThe committee on HMS added the measure to the public hearing scheduled on 02-15-05 at 2:45 pm in conference room 016.
2/15/2005SThe committee(s) on HMS recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HMS were as follows: 4 Aye(s): Senator(s) Chun Oakland, Fukunaga, Kokubun, Trimble; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ihara, Hooser.
2/18/2005SReported from HMS (Stand. Com. Rep. No. 537) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/18/2005SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

$ = Appropriation measure
ConAm = Constitutional Amendment