HRS §257-8
State matching funds for individual development accounts
Read the official text at capitol.hawaii.gov ↗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 copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
(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.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.