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HB 1176

PROP TX-TIF INFO-BILL

104th Regular Session Introduced by Rita Mayfield

House Bill 1176 allocates over $4.3M to boost Hawaii's tech sector and disaster relief, supporting businesses and enhancing emergency management efforts statewide.

Rule 19(a) / Re-referred to Rules Committee
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Bill Summary · HB 1176

Summary of House Bill 1176

Bill Number: HB 1176
Title: Relating to the Hawaii Technology Development Corporation
Status: Reported from ECD (Stand. Com. Rep. No. 441) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Introduced: January 21, 2025
Classification: Bill
Subject: Appropriation ($), HTDC, Hawaii Economic Diversification Grant Program, Qualified High Technology Business, Qualified Research

Purpose and Intent

House Bill 1176 aims to enhance the operational capacity of the Hawaii Technology Development Corporation (HTDC) by appropriating funds for personal services and operating expenses. The bill is designed to support the Hawaii Economic Diversification Grant Program and promote the growth of Qualified High Technology Businesses (QHTBs) and qualified research initiatives within the state.

Key Provisions

  • Appropriations: The bill outlines specific appropriations for the fiscal year ending June 30, 2026, including:

    • Regular Salaries: $2,773,772
    • Personal Services Matching: $1,103,636
    • Operating Expenses: $490,306
    • Total Amount Appropriated for State Operations: $4,377,714

  • Federal Operations: Additional appropriations from federal funds for personal services and operating expenses, including:

    • Regular Salaries: $538,725
    • Grants/Aid for First Responder and Homeland Security: $10,000,000
    • Total Amount Appropriated for Federal Operations: $12,281,877

  • Disaster Relief Grants: Significant funding for disaster relief, including:

    • Grants/Aid for Disaster Relief: $436,491,222
    • Total Amount Appropriated for Disaster Relief Grants: $438,519,329

  • Hazardous Materials Management: Appropriations for hazardous materials management, including:

    • Grants/Aid for Hazardous Materials Management: $10,000
    • Total Amount Appropriated for Hazardous Materials: $690,572

Affected Parties

The bill primarily affects:
- The Hawaii Technology Development Corporation and its operational capabilities.
- Qualified High Technology Businesses and research entities that may benefit from grants and funding.
- State and federal emergency management operations, particularly in disaster response and hazardous materials management.

Procedural Aspects

  • Timeline: The bill was introduced on January 21, 2025, and has undergone several readings and amendments. It was reported from the Economic Development Committee (ECD) and is currently recommended for passage on Second Reading.
  • Emergency Clause: An emergency clause has been adopted, indicating the bill's provisions are intended to take effect immediately upon passage.

Conclusion

House Bill 1176 represents a significant investment in Hawaii's technology sector and emergency management capabilities. By appropriating funds for various programs and initiatives, the bill seeks to foster economic diversification and enhance the state's preparedness for emergencies and disasters.

Compiled from official sources — confirm details with the bill’s official record.

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