HB 707: RELATING TO THE COLLEGE SAVINGS PROGRAM.
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2025-02-12
Current Status:
In Progress
(2025-12-08: Carried over to 2026 Regular Session.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Establishes a state income tax deduction for contributions made to Hawaii 529 accounts through the college savings program and accounts made through the Hawaii ABLE Savings Program. Conforms to the amendments of the Internal Revenue Code that authorize 529 benefits to be used for K-12 educational expenses. Effective 7/1/3000. (HD1)
Discussed in Hearing
Feb 5, 2025
House Standing Committee on Education
Feb 5, 2025