Bill

Bill > HB1661


HI HB1661

HI HB1661
Relating To Cafeteria Plans.


summary

Introduced
01/21/2026
In Committee
03/05/2026
Crossed Over
03/05/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Specifies that the maximum contribution and carryover amounts for a public service flexible spending account plan shall be set in accordance with the annual limits prescribed by the Internal Revenue Service for cafeteria plans. Effective 7/1/3000. (HD1)

AI Summary

This bill amends Hawaii Revised Statutes Section 78-30 to clarify that any flexible spending account plan established under a public service wage and salary reduction benefit program, which qualifies as a cafeteria plan under Section 125 of the Internal Revenue Code, must adhere to the maximum contribution and carryover limits set annually by the Internal Revenue Service (IRS). A cafeteria plan, in this context, allows eligible employees to elect to reduce their pre-tax compensation in exchange for the employer paying for certain eligible benefits, such as healthcare or dependent care expenses. The bill's effective date is July 1, 3000.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (11)

Last Action

Passed First Reading. (on 03/06/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...