RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.
The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 2 Aye(s): Senator(s) DeCoite, Wakai; Aye(s) with reservations: none ; 2 No(es): Senator(s) Kim, Fevella; and 1 Excused: Senator(s) Fukunaga.
Summary
The bill directs the Hawaii Technology Development Corporation to contract a third‑party consultant to develop a comprehensive plan for the state’s blue economy and ocean‑technology innovation. It also mandates an annual report to the Legislature and provides $500,000 in funding for the 2026‑27 fiscal year. The goal is to coordinate agencies, attract investment, and build a skilled workforce for ocean‑related industries.
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