HawaiiHB 3242025–2026 Regular Session (Year 2)House

RELATING TO BABY BONDS.

Sponsored By: Jeanne Kapela (Democratic)

Passed

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)

Baby BondsWealth Building Working GroupBaby Bonds ProgramHSH, FIN

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Jeanne Kapela

    Democratic • House

Cosponsors

  • Terez Amato

    Democratic • House

  • Tina Nakada Grandinetti

    Democratic • House

  • Daniel Holt

    Democratic • House

  • Amy A. Perruso

    Democratic • House

  • Mahina Poepoe

    Democratic • House

  • Adrian K. Tam

    Democratic • House

  • Chris Todd

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 55 • No: 3

House vote 2/11/2025

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN...

Yes: 47 • No: 2

House vote 2/6/2025

The committee on HSH recommend that the measure be PASSED, WITH AMENDMENTS. The ...

Yes: 8 • No: 1

Actions Timeline

  1. Carried over to 2026 Regular Session.

    12/8/2025
  2. Reported from HSH (Stand. Com. Rep. No. 414) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

    2/11/2025House
  3. 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).

    2/11/2025House
  4. 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.

    2/6/2025House
  5. Bill scheduled to be heard by HSH on Thursday, 02-06-25 10:00AM in House conference room 329 VIA VIDEOCONFERENCE.

    1/31/2025House
  6. Referred to HSH, FIN, referral sheet 1

    1/21/2025House
  7. Introduced and Pass First Reading.

    1/17/2025House
  8. Pending introduction.

    1/16/2025House

Bill Text

Related Bills

Back to State Legislation