Jackson Sayama
- Democratic
- Representative
- District 21
Primary
Clarifies the definition of "covered employer" under the Hawaii Retirement Savings Act. Requires covered employers to automatically enroll covered employees into the Hawaii Retirement Savings Program unless the employee chooses to opt out. Repeals the limit on the total fees and expenses that can be spent for the Program each year. Appropriates funds to the Department of Labor and Industrial Relations for the development and operation of the Program. Effective 7/1/3000. (HD1)
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Sayama, Ward excused (3).
Reported from LAB (Stand. Com. Rep. No. 479) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Sayama, Lee, M., Kapela, Kong, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Garrett.
Bill scheduled to be heard by LAB on Thursday, 02-06-25 9:00AM in House conference room 309 VIA VIDEOCONFERENCE.
Pending introduction.
| Bill Text Versions | Format |
|---|---|
| HB847_HD1 | PDF HTML |
| HB847 | PDF HTML |
| Document | Format |
|---|---|
| No related documents. |
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