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Bill

HB 1176

RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

2026 Regular Session Introduced by Cory Chun and 1 co-sponsor

HB 1176 modifies Hawaii Technology Development Corporation operations; passed committees with amendments and awaits Finance Committee review of budgetary and policy implications.

Carried over to 2026 Regular Session.
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Bill Summary · HB 1176

Legislative bill overview

HB 1176 relates to the Hawaii Technology Development Corporation, though the specific amendments and provisions are not detailed in the action summary provided. The bill has passed the Economic and Community Development (ECD) committee with amendments and the Second Reading, and is currently referred to the Finance (FIN) committee for further consideration.

Why is this important

The Hawaii Technology Development Corporation plays a role in fostering technology innovation and economic development in Hawaii. Legislation affecting this entity can influence state support for tech startups, research initiatives, and the broader innovation ecosystem that the state aims to cultivate for economic diversification.

Potential points of contention

  • Fiscal impact and state funding: The Finance Committee referral suggests budget implications; stakeholders may debate whether state resources should be allocated to technology development versus other priorities
  • Scope of corporation authority: Amendments made in committee may have expanded or restricted the corporation's powers, potentially affecting which entities or projects receive support
  • Economic development strategy: Questions may arise about whether this approach effectively addresses Hawaii's tech sector needs or represents the best use of public investment

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

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