SB 3168 Hawaii Senate · 2026 Regular Session

RELATING TO ECONOMIC DEVELOPMENT.

Summary

Establishes the Hawaii Technology Development Corporation Revolving Fund to provide state matching funds for federal grants awarded to the Hawaii Technology Development Corporation that support innovation, technology, research, and manufacturing initiatives. Requires annual reports to the Legislature. Appropriates funds. Effective 7/1/2050. (SD1)

Issues: ✓ Technology

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Feb 2026

Senate Passage

Feb 2026

House Passage

Governor

Introduced Jan 28, 2026 Last action Feb 17, 2026

Maddy AI version diff · 1 comparison

What changed between versions

SB3168 → SB3168_SD1 · 4 edits

MODERATE

This bill was amended to change the sponsor and template version, update the effective date to July 1, 2050, and adjust the appropriation amount to be unspecified. The text was also cleaned up to use consistent terminology for the 'development corporation' and remove redundant section numbers.

Scope change

The bill's scope remains focused on funding a revolving fund for the Hawaii Technology Development Corporation to match federal grants, but the specific funding amount is now left blank for future determination.

TIMELINE

The effective date of the Act was changed from July 1, 2026, to July 1, 2050.

FISCAL

The specific appropriation amount was removed and replaced with a blank space, meaning the exact dollar amount is no longer set in this version.

TECHNICAL

Terminology was standardized throughout the text to consistently refer to the entity as the 'development corporation' instead of mixing 'corporation' and 'HTDC'.

The bill number and sponsor information were updated to reflect the Senate Draft 1 version.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 17, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 17, 2026

Committee

Reported from EDT (Stand. Com. Rep. No. 2309) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 10, 2026

Upper · Passed

The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fukunaga.

upper

Feb 6, 2026

Upper · Passed

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

upper

Feb 2, 2026

Committee

Referred to EDT, WAM.

upper

Jan 28, 2026

Introduced

Introduced.

upper

1 primary · 0 co-sponsors