HI HR60

Executive Office on Aging requested to continue research and investigation into timebanking as an alternative currency system for Hawaii's respite care services.

Timebanking uses "time dollars" as currency, allowing community members to earn credits by providing services and use those credits to pay for services they need for their families.

Resolution notes that 2009 report identified respite service gaps in Hawaii including lack of transportation and prohibitive costs that prevent family caregivers from accessing services.

Executive Office on Aging to submit report with findings, recommendations, and any proposed legislation to the Legislature no later than 20 days before the 2014 Regular Session convenes.

Timebanking aims to build social capital, strengthen communities, and enable families to conserve monetary resources while supporting elderly relatives aging in place.