# Hawaii HB 324: RELATING TO BABY BONDS.

Hawaii HB 324, RELATING TO BABY BONDS., is a 2025–2026 Regular Session (Year 1) House bill sponsored by Jeanne Kapela (Democratic); status in committee, last action 2025-02-11 (Reported from HSH (Stand. Com. Rep. No. 414) as amended in HD 1, recommending passage on Second Reading and referral to FIN.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-HB324-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 324
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO BABY BONDS.
- Status: in committee
- Chamber: House
- Introduced: 2025-01-16
- Last action: 2025-02-11, Reported from HSH (Stand. Com. Rep. No. 414) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
- Sponsor: Jeanne Kapela (Democratic)
- Cosponsors: 7
- Subjects: Baby Bonds, Wealth Building Working Group, Baby Bonds Program, HSH, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Establishes the Wealth Building Working Group to develop a plan for the creation of a baby bonds program for the State to address intergenerational poverty and wealth inequality in Hawaii. Effective 7/1/3000. (HD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Jeanne Kapela (Democratic), House
- Cosponsor: Terez Amato (Democratic), House
- Cosponsor: Tina Nakada Grandinetti (Democratic), House
- Cosponsor: Daniel Holt (Democratic), House
- Cosponsor: Amy A. Perruso (Democratic), House
- Cosponsor: Mahina Poepoe (Democratic), House
- Cosponsor: Adrian K. Tam (Democratic), House
- Cosponsor: Chris Todd (Democratic), House

## Actions (7)

- 2025-02-11: Reported from HSH (Stand. Com. Rep. No. 414) as amended in HD 1, recommending passage on Second Reading and referral to FIN. (House)
- 2025-02-11: Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Garcia, Muraoka voting no (2) and Representative(s) Cochran, Ward excused (2). (House)
- 2025-02-06: The committee on HSH recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Marten, Olds, Amato, Chun, Keohokapu-Lee Loy, Takayama, Takenouchi, Alcos; Ayes with reservations: none; 1 Noes: Representative(s) Garcia; and Excused: none. (House)
- 2025-01-31: Bill scheduled to be heard by HSH on Thursday, 02-06-25 10:00AM in House conference room 329 VIA VIDEOCONFERENCE. (House)
- 2025-01-21: Referred to HSH, FIN, referral sheet 1 (House)
- 2025-01-17: Introduced and Pass First Reading. (House)
- 2025-01-16: Pending introduction. (House)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_HD1_.pdf)
- HB324_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_HD1_.HTM)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_.PDF)

## Related bills

- SB 572: RELATING TO HOUSING. (signed)
- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_HD1_.pdf)
- [HB324_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_HD1_.HTM)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/HB324_.PDF)

## Related
- [SB 572: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB572-2025)
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/HI-HB324-2025 (as of 2026-10-17).