HI HB1263

Repeals language that gives the director of finance discretion to use moneys in the Hawaii ABLE savings program trust fund when accepting deposits from contributors instead of sending deposits directly to the ABLE program manager.

Authorizes the director of finance to expend moneys from the Hawaii ABLE savings program trust fund to provide incentive payments to Hawaii public school ABLE account owners.

Appropriates general revenues to the Hawaii ABLE savings program trust fund for fiscal years 2023-2024 and 2024-2025 (amount to be determined).

Appropriates funds from the Hawaii ABLE savings program trust fund to the department of budget and finance for incentive payments to ABLE account owners in fiscal years 2023-2024 and 2024-2025 (amount to be determined).

Appropriates funds to the department of health to establish one permanent full-time equivalent (1.0 FTE) position within the state council on developmental disabilities to provide statewide outreach, advocacy, and relationship management for the Hawaii ABLE savings program.