Establishes a state income tax deduction for contributions made to Hawaii 529 accounts through the college savings program and accounts made through the Hawaii ABLE Savings Program. Conforms to the amendments of the Internal Revenue Code that authorize 529 benefits to be used for K-12 educational expenses. Effective 7/1/3000. (HD1)

Statutes affected:
HB707: 235-2.4, 256-2
HB707 HD1: 235-2.4, 256-2
Latest: 235-2.4, 256-2