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HRS §257-8

State matching funds for individual development accounts

The State will add money to individual development accounts, up to $100,000 per year total. For every dollar you deposit, the State can add up to two dollars, but the total state match per account in a year is limited.

state agencies

The statute, as written — Matches

(a) The State shall match an amount of up to $100,000 per calendar year for individual development accounts. (b) Not more than a 2:1 match of state funds to account holder deposits shall be deposited into any individual development account in a given year.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.