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 group will analyze Connecticut's baby bonds program, suggest eligibility criteria, coordinate with stakeholders, and estimate the costs of creating a baby bonds program. The working group will cease to exist on July 1, 2026. The purpose is to alleviate intergenerational poverty and wealth inequality in the state.
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