Loading chat...

HI HB385

Bill

Official Source

Status

Enrolled

4/9/2013

Primary Sponsor

John Mizuno

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Enacts a refundable state earned income tax credit to enhance asset-building and financial security for Hawaii residents.

  • Requires the Department of Human Services to provide financial education to applicants for and recipients of Temporary Assistance for Needy Families.

  • Appropriates funds to support financial education programs for TANF applicants and recipients.

  • Aligns with 25 other states and the District of Columbia that have enacted similar refundable earned income tax credits, typically calculated as a percentage of the federal earned income tax credit.

  • Aims to help working families meet basic needs and build assets during periods of temporary job loss, reduced hours, or reduced pay.

Legislative Description

Earned Income Tax Credit; Asset Building; Appropriation ($)

Last Action

Conference committee meeting to reconvene on 04-26-13 1:45PM in conference room 229.

4/25/2013

Committee Referrals

Ways and Means3/20/2013
Human Services3/7/2013
Finance2/12/2013
Human Services1/22/2013

Full Bill Text

No bill text available