HI SB1028 | 2019 | Regular Session
Note: Carry Foward to future SB1028
Status
Spectrum: Strong Partisan Bill (Democrat 15-1)
Status: Introduced on January 18 2019 - 25% progression, died in committee
Action: 2019-01-24 - Referred to LCA, WAM.
Pending: Senate Labor, Culture and the Arts Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 18 2019 - 25% progression, died in committee
Action: 2019-01-24 - Referred to LCA, WAM.
Pending: Senate Labor, Culture and the Arts Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires the legislative reference bureau to conduct a feasibility study to determine the feasibility of establishing a Hawaii retirement savings program. Subject to a positive finding in the feasibility study, establishes the Hawaii retirement savings board to establish, implement, and maintain the Hawaii retirement savings program to cover private sector employees who are not provided a retirement savings plan by their employers. Appropriates funds to the legislative reference bureau to conduct a market analysis. Prohibits employers that offer retirement savings plans or programs to employees from canceling these plans or programs for an unspecified number of years after July 1, 2019.
Title
Relating To Retirement Savings.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-24 | Senate | Referred to LCA, WAM. |
2019-01-22 | Senate | Passed First Reading. |
2019-01-18 | Senate | Introduced. |
Same As/Similar To
SB1028 (Carry Over) 2019-01-24 - Referred to LCA, WAM.
HB470 (Same As) 2019-01-22 - Referred to HSH/LAB, IAC/CPC, FIN, referral sheet 3
HB470 (Same As) 2019-01-22 - Referred to HSH/LAB, IAC/CPC, FIN, referral sheet 3
Subjects
Appropriation ($)
Feasibility Study
Hawaii Retirement Savings Board
Hawaii Retirement Savings Program
Kupuna Caucus
Legislative Reference Bureau
Feasibility Study
Hawaii Retirement Savings Board
Hawaii Retirement Savings Program
Kupuna Caucus
Legislative Reference Bureau
Hawaii State Sources
Type | Source |
---|---|
Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=1028&year=2019 |
Text | https://www.capitol.hawaii.gov/session2019/bills/SB1028_.HTM |