RELATING TO BUSINESS COMPETITIVENESS.
Summary
Establishes a goal for the State to achieve a ranking among the top 10 states in the nation for business competitiveness by 2045. Defines and requires the Department of Business, Economic Development, and Tourism to select a "ranking metric" and establishes interim goals. Requires DBEDT to establish a working group to develop and recommend policies that improve Hawaii's business competitiveness. Requires annual reports to Legislature. Appropriates funds. Effective 7/1/2050. (SD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Jan 15, 2026
Last action Feb 12, 2026
Maddy AI version diff · 1 comparison
What changed between versions
SB2263
→
SB2263_SD1
·
4 edits
MODERATE
This bill update transitions the document from a Senate draft to a Senate District 1 revision, updating metadata such as the sponsor, bill number, and template version. Substantively, the text reorganizes the statutory sections to define key terms like 'Department' and 'Director' before establishing the business competitiveness goals and working group requirements. The effective date of the law was significantly extended from July 1, 2026, to July 1, 2050, likely to allow more time for implementation or to align with the 2045 goal horizon.
Scope change
The scope of applicability remains the same, targeting the State of Hawaii's business competitiveness, but the internal structure of the law was modified to include explicit definitions for the Department and Director prior to outlining their duties.
TIMELINE
The effective date of the Act was changed from July 1, 2026, to July 1, 2050.
DEFINITION
New definitions were added for 'Department' and 'Director' to clarify the specific agency and leadership roles responsible for the bill's requirements.
REQUIREMENT
The statutory sections were reorganized to define terms before outlining the ranking metric selection and working group duties, improving the logical flow of the law.
TECHNICAL
Metadata fields including the bill title, sponsor name, and legislative template revision numbers were updated to reflect the new SD1 status.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
7
Key actions
3
Committee
4
Feb 12, 2026
Upper · Passed
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 12, 2026
Committee
Reported from EDT (Stand. Com. Rep. No. 2207) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 5, 2026
Upper · Passed
The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 3 Aye(s): Senator(s) DeCoite, Fukunaga, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Wakai, Kim.
upper
Feb 2, 2026
Upper · Passed
The committee(s) on EDT has scheduled a public hearing on 02-05-26 1:00PM; Conference Room 229 & Videoconference.
upper
Jan 26, 2026
Committee
Referred to EDT, WAM.
upper
Jan 21, 2026
Introduced
Introduced and passed First Reading.
upper
Jan 15, 2026
Introduced
Pending Introduction.
upper
5 primary · 6 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lynn DeCoite
DDemocratic
P
Rachele Lamosao
DDemocratic
P
Stanley Chang
DDemocratic
P
Tim Richards
DDemocratic
P
Troy Hashimoto
DDemocratic
Co
Angus McKelvey
DDemocratic
Co
Carol Fukunaga
DDemocratic
Co
Dru Kanuha
DDemocratic
Co
Glenn Wakai
DDemocratic
Co
Lorraine Inouye
DDemocratic
Co
Sharon Moriwaki
DDemocratic
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