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.
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