Establishes a working group to develop a plan for a baby bonds program in Hawaii.

The bill establishes a working group within the Department of Human Services to develop a plan for a baby bonds program in Hawaii. The working group will include representatives from various state agencies, the legislature, and nonprofit organizations. The group will develop recommendations for a baby bonds program that reduces intergenerational poverty and wealth inequality, suggest eligibility criteria, coordinate with other stakeholders, analyze the Connecticut baby bonds program, and estimate the costs. The working group will submit a report to the legislature by July 1, 2026.

Establishes a working group to develop a plan for a baby bonds program in Hawaii.

The bill establishes a working group within the Department of Human Services to develop a plan for a baby bonds program in Hawaii. The working group will include representatives from various state agencies, the legislature, and nonprofit organizations. The group will develop recommendations for a baby bonds program that reduces intergenerational poverty and wealth inequality, suggest eligibility criteria, coordinate with other stakeholders, analyze the Connecticut baby bonds program, and estimate the costs. The working group will submit a report to the legislature by July 1, 2026.