WeVote
Log In

Bill

WeVote Research Nonpartisan
Bill Summary · SB 992

Legislative bill overview

SB 992 modifies the structure and operations of the Hawaii Technology Development Corporation, a state entity focused on fostering technology industry growth and innovation in Hawaii. The bill passed its second reading with amendments in February 2025 and was referred to the Ways and Means Committee before being carried over to the 2026 session for further consideration.

Why is this important

The Hawaii Technology Development Corporation plays a role in economic diversification efforts, potentially affecting job creation, tech sector investment, and the state's ability to reduce dependence on tourism. Changes to its governance or operations could influence how effectively the state supports emerging technology industries and entrepreneurship.

Potential points of contention

  • Specifics of amendments unclear: The bill's actual provisions are not detailed in the legislative record provided, making it difficult to identify what changes generated committee support or potential opposition
  • Budget and funding implications: Technology development initiatives often require state resources; the referral to WAM suggests fiscal considerations were flagged
  • Stakeholder perspectives: Without amendment details, it's unclear whether tech industry representatives, business groups, or fiscal conservatives raised concerns during the committee process

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

Sign in to ask a question.