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SB3227 • 2026

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

Budget Small Business Technology
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
DECOITE
Last action
2026-02-17
Official status
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

What This Bill Does

  • RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.
  • HTDC; Economic Development; Economic Diversification; Reports; Appropriation ($) Requires the Hawaii Technology Development Corporation to establish state goals and implement projects to advance economic diversification through innovation and technology.
  • Appropriates funds to support the Hawaii Small Business Innovation Research Program, Manufacturing Assistance Program, and accelerator and small business training programs.
  • Requires annual reports to the Legislature.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SD1

1

Hawaii published version SD1

Plain English: SB3227 SD1 THE SENATE S.B.

  • SB3227 SD1 THE SENATE S.B.
  • NO.
  • 3227 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION .

Bill History

  1. 2026-02-17 S

    Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

  2. 2026-02-17 S

    Reported from EDT (Stand. Com. Rep. No. 2305) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  3. 2026-02-10 S

    The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai; Aye(s) with reservations: Senator(s) Kim, Fevella ; 0 No(es): none; and 1 Excused: Senator(s) Fukunaga.

  4. 2026-02-06 S

    The committee(s) on EDT has scheduled a public hearing on 02-10-26 1:02PM; Conference Room 229 & Videoconference.

  5. 2026-02-02 S

    Referred to EDT, WAM.

  6. 2026-01-28 S

    Passed First Reading.

  7. 2026-01-28 S

    Introduced.

Official Summary Text

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.
HTDC; Economic Development; Economic Diversification; Reports; Appropriation ($)
Requires the Hawaii Technology Development Corporation to establish state goals and implement projects to advance economic diversification through innovation and technology. Appropriates funds to support the Hawaii Small Business Innovation Research Program, Manufacturing Assistance Program, and accelerator and small business training programs. Requires annual reports to the Legislature. Effective 7/1/2050. (SD1)

Current Bill Text

Read the full stored bill text 
SB3227

THE SENATE

S.B. NO.

3227

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

relating
to the hawaii technology development corporation
.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

����
SECTION 1.
�
The
legislature finds that the Hawaii technology development corporation serves as
a facilitative catalyst for technology and innovation in the State and will
align the State with emerging technologies such as computer software,
biotechnology, ocean science, energy, nanotechnology, artificial intelligence,
sensor and communication systems, health, medical devices, medical tests or
other healthcare technologies and aerospace and defense.

����
Accordingly, the purpose of this Act is to
promote economic diversification by:

����
(1)
�
Requiring
the Hawaii technology development corporation to establish state goals and
implement projects to promote economic diversification through innovation and
technology;

����
(2)
�
Appropriating
funds to the Hawaii technology development corporation to implement projects to
achieve these goals; and

����
(3)
�
Requiring
the Hawaii technology development corporation to submit annual reports to the
legislature on the projects implemented pursuant to the Act.

����
SECTION 2.
�

The Hawaii technology development corporation shall establish state
goals and implement projects to promote economic diversification through
innovation and technology.
�
The Hawaii
technology development corporation shall adopt rules pursuant to chapter 91,
Hawaii Revised Statutes, to effectuate the purposes of this Act.

����
SECTION 3.
�

The Hawaii technology development corporation shall submit annual reports
of its findings and recommendations, including any proposed legislation, to the
legislature no later than twenty days prior to the convening of each regular
session
.

����
SECTION 4.
�

There is appropriated out of the general revenues of the State of Hawaii
the sum of $ or so
much thereof as may be necessary for fiscal year 2026-2027 to be allocated as
follows:

����
(1)
�
$
to the Hawaii small business innovation research program, to provide matching
grants to help companies that received federal small business innovative
research or small business technology transfer grants further develop new
products to solve critical issues;

����
(2)
�
$
to the manufacturing assistance program of the Hawaii technology development
corporation to help Hawaii-based manufacturers become more globally
competitive; and

����
(3)
�
$
to the accelerator and small business training programs of the Hawaii
technology development corporation to help develop companies that are solving
large-scale problems in the community using innovative, advanced manufacturing,
and technology‑based solutions.

����
The sum appropriated shall be expended by
the Hawaii technology development corporation for the purposes of this Act.

����
SECTION 5.
�

This Act shall take effect on July 1, 2026.

INTRODUCED BY:

_____________________________

Report Title:

HTDC;
Economic Development; Economic Diversification; Reports; Appropriations

Description:

Requires the Hawaii Technology Development Corporation to
establish state goals and implement projects to advance economic
diversification through innovation and technology.
�
Appropriates funds to support the Hawaii Small
Business Innovation Research Program, Manufacturing Assistance Program, and
accelerator and small business training programs.
�
Requires annual reporting to the Legislature.
�

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.