HB 2760 HD 2 SD 1

RELATING TO THE COLLEGE SAVINGS PROGRAM

By Representative(s) TAKAI / MORIHARA / STEGMAIER / CHANG / AHU ISA / KAHO`OHALAHALA / SAIKI / OSHIRO, M. / MORITA / SCHATZ / ITO / LEE / TAKUMI / HIRAKI / CATALANI / MCDERMOTT / RATH / LUKE; Auwae, Kawakami, Leong, Souki, Takamine, Yonamine

Keywords: BANKS AND BANKING, DEPARTMENT OF BUDGET AND FINANCE, EDUCATIONAL FINANCIAL AID, FINANCIAL INSTITUTIONS, HIGHER EDUCATION, INCOME TAX, TAX DEDUCTIONS, TAXATION, TUITION

Report Title: College Savings Program

Description: Defines "eligible educational institution" in college savings program in taxation code; allows the Director of Finance to enter into tuition agreements with account owners; allows distributions from account after a minimum length of time as determined by the Director of Finance; clarifies withdrawals. (SD1)

 1-27-00        H Introduced and passed First Reading                      
 1-31-00        H Referred to the committees on 1. HED 2. FIN ,
                  referral sheet 8
 2- 2-00        H Bill scheduled to be heard by HED on Friday,
                  02-04-00 at 2:00 P.M. in House conference room 312.
 2- 4-00        H The committee on HED recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2- 4-00        H The votes in HED were as follows:6 Ayes: Rep.(s)
                  Morihara, Takai, Arakaki, Ito, Leong, McDermott;
                  Ayes with reservations: Rep.(s) ; none Noes: Rep.(s)        
                  ; and 3 Excused: Rep.(s) Okamura, Santiago,
                  Stegmaier
 2-18-00        H Reported from the committee on HED (Stand. Com. Rep.        
                  No. 291-00) as amended in (HD 1), recommending
                  passage on Second Reading and referral to the
                  committee on FIN
 2-18-00        H Passed Second Reading as amended in (HD 1) and
                  referred to the committee on FIN
 2-18-00        H The vote was as follows:  45 aye(s), with none
                  voting no and Representative(s) Garcia, Herkes,
                  Kaho`ohalahala, Lee, Okamura, Yoshinaga excused
 2-23-00        H Bill scheduled to be heard by FIN on Friday,
                  02-25-00 at 10:30 A.M. in House conference room
                  308.
 2-25-00        H The committee(s) recommends that the measure be
                  deferred.
 3- 2-00        H Bill scheduled for decision making on Thursday, 03/
                  02/00 at 1:30 P.M. in House conference room 308.
 3- 2-00        H The committee on FIN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3- 2-00        H The votes in FIN were as follows:14 Ayes: Rep.(s)
                  Takamine, Kawakami, Ahu Isa, Espero, Goodenow,
                  Kahikina, Luke, Nakasone, Suzuki, Yamane, Fox,
                  Marumoto, Meyer, Moses; Ayes with reservations:
                  Rep.(s) ; none Noes: Rep.(s) ; and 3 Excused:
                  Rep.(s) Catalani, Kanoho, Schatz
 3- 3-00        H Reported from the committee on FIN (Stand. Com. Rep.        
                  No. 863-00) as amended in (HD 2), recommending
                  passage on Third Reading
 3- 3-00        H Forty-eight (48) hours notice 03-07-00                   
 3- 7-00        H Passed Third Reading as amended in (HD 2)                
 3- 7-00        H The vote was as follows:  37 aye(s), with none
                  voting no and Representative(s) Ahu Isa, Arakaki,
                  Cachola, Chang, Espero, Fox, Hiraki, Kahikina,
                  Morihara, Okamura, Saiki, Schatz, Whalen, Yamane
                  excused
 3- 7-00        H Transmitted to Senate                                    
 3- 9-00        S Received from House (Hse. Com. No. 384)                  
 3- 9-00        S Passed First Reading and referred to 1. EDU 2. WAM       
 3-14-00        S Bill scheduled to be heard by EDU on 03-17-00 at
                  1:00 p.m. in conference room 212.
 3-17-00        S The measure is deferred until 03-20-00 at 1:00 p.m.         
                  in conference room 212.
 3-20-00        S The committee on EDU recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-20-00        S The votes in EDU were as follows: 4 Ayes: Senator(s)        
                  D. Ige, Sakamoto, Matsunaga, Slom; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 3 Excused: Senator(s) Bunda, Chumbley, Tam
 3-24-00        S Reported from EDU (Stand. Com. Rep. No. 2956) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and referral to WAM
 3-24-00        S Report adopted; Passed Second Reading, as amended
                  (SD 1) and referred to WAM.
 4- 4-00        S Bill scheduled for decision making by WAM on
                  04-06-00 at 9:30 a.m. in conference room 211.
 4- 6-00        S The committee on WAM recommends that the measure be         
                  PASSED, UNAMENDED.
 4- 6-00        S The votes in WAM were as follows: 8 Ayes: Senator(s)        
                  Fukunaga, Levin, Buen, Chun, Chun Oakland, M. Ige,
                  Tam, Taniguchi; Ayes with reservations: Senator(s) ;        
                  none Noes: Senator(s) ; and 5 Excused: Senator(s) D.        
                  Ige, Iwase, Kawamoto, Nakata, Anderson
 4- 7-00        S Reported from WAM (Stand. Com. Rep. No. 3333) with
                  recommendation of passage on Third Reading
 4- 7-00        S 24 hours notice 04-11-00                                 
 4-11-00        S Report adopted; Passed Third Reading. Ayes, 23. 
                  Noes, none.  Excused, 2 (Buen, Bunda).
 4-11-00        S Transmitted to House                                     
 4-11-00        H Returned from Senate (Sen. Com. No. 566) in amended         
                  form (SD 1)
 4-17-00        H House agrees to Senate amendment(s)                      
 4-17-00        H Passed Final Reading as amended in (SD 1)                
 4-17-00        H The vote was as follows:  42 aye(s), with none
                  voting no and Representative(s) Cachola, Herkes,
                  Kaho`ohalahala, Okamura, Pendleton, Rath, Takai,
                  Takamine, Whalen excused
 4-19-00        S Received notice of House agreement and passage on
                  Final Reading (Hse. Com. No. 676).
 4-19-00        H Transmitted to Governor                                  
 5- 5-00        S Act 090, 03-02-00, (Gov. Msg. No. 328)                   
 5- 5-00        H Act 090, on 05-02-00 (Gov. Msg. No. 201)