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

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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

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