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SB 3166

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

2026 Regular Session Introduced by Lynn DeCoite

SB 3166 modifies Hawaii's Technology Development Corporation, currently under committee review with real-world impact on state tech sector funding and economic diversification efforts.

The committee(s) on EDT has scheduled a public hearing on 02-10-26 1:02PM; Conference Room 229 & Videoconference.
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Bill Summary · SB 3166

Legislative bill overview

SB 3166 relates to modifications of the Hawaii Technology Development Corporation, a state entity designed to support technology sector growth and innovation in Hawaii. The bill is currently in early legislative stages, having passed first reading and been referred to the Economic Development & Tourism (EDT) and Ways & Means (WAM) committees for review.

Why is this important

The Hawaii Technology Development Corporation plays a role in economic diversification efforts for the state, which historically relies heavily on tourism and military spending. Changes to this corporation could affect technology startup funding, job creation, and the state's competitiveness in attracting tech investment and talent.

Potential points of contention

  • Lack of public information: The bill's specific provisions are not detailed in the available summary, making it difficult to assess whether it expands, contracts, or restructures the corporation
  • Budget implications: Referral to the WAM committee suggests potential fiscal impact that may require taxpayer funding or reallocation of existing resources
  • Economic development priorities: Different stakeholders may disagree on whether state resources should be directed toward technology development versus other sectors or public services

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

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