| Measure Title: | RELATING TO INDIVIDUAL DEVELOPMENT ACCOUNTS. |
| Report Title: | Individual Development Account Tax Credit |
| Description: | Establishes an Individual Development Account (IDA) Contribution Tax Credit for financial institutions. Allows fiduciary organizations to expend a portion of private funds from IDAs to defray operating expenses. Raises the IDA contribution ceiling to $2,000,000 over a five year period. (HB239 HD1) |
| Package: | Women's Legislative Caucus |
| Companion: | SB474 |
| Introducer(s): | SHIMABUKURO, ARAKAKI, HALE, KAWAKAMI, LEE, MARUMOTO, MEYER, MORITA, PINE, THIELEN |
| Current Referral: | HUS, FIN |
| Date | Status Text | |
|---|---|---|
| 1/21/2005 | H | Pending introduction. |
| 1/24/2005 | H | Introduced and Pass First Reading |
| 1/24/2005 | H | Referred to HUS, FIN, referral sheet 3 |
| 1/28/2005 | H | Bill scheduled to be heard by HUS on Tuesday, 02-01-05 at 9:00 am in House conference room 329. |
| 2/1/2005 | H | The committees on HUS recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Sonson, Cabanilla, Arakaki, Green, Kawakami, Finnegan, Stonebraker; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hale, Kahikina. |
| 2/4/2005 | H | Reported from the committee on HUS (Stand. Com. Rep. No. 42) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on FIN. |
| 2/7/2005 | H | Passed Second Reading as amended in (HD 1) and referred to the committee(s) on FIN with none voting no and Representative(s) Hale excused. |
| 12/2/2005 10:32:05 AM | D | Carried over to 2006 Regular Session |
$ = Appropriation measure
ConAm = Constitutional Amendment