Hawaii SB3135 allows Department of Health employees to use vacation benefits for home down payments.
The bill, Hawaii SB3135, aims to help Department of Health employees purchase homes by allowing them to use their accrued vacation benefits for down payments. Eligible employees must meet certain criteria, including being a U.S. citizen, a bona fide resident of Hawaii, at least 18 years old, and not owning a primary residence. They must also be in good standing with the department, employed for at least a year, and intend to occupy the purchased property as their primary residence. The maximum payout is $50,000 per employee, subject to budget availability.
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