HOUSE OF REPRESENTATIVES

H.B. NO.

1959

THIRTY-SECOND LEGISLATURE, 2024

H.D. 1

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO ECONOMIC DEVELOPMENT.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  The legislature finds that the aerospace field has played a pivotal role in expanding and diversifying the national economy by forging new inroads to scientific discovery, advancing national engineering and manufacturing expertise, pioneering innovations in communications and computer technologies, enhancing surveillance of our home planet, and enabling a better understanding of weather systems and climate change.  In Hawaii, continued support of national space efforts is occurring through a wide range of aerospace-related activities on all major islands, including the Mauna Kea science reserve on the island of Hawaii, the Air Force Maui optical and supercomputing observatory on the island of Maui, the university of Hawaii's institute for astronomy and Hawaii institute for geophysics and planetology on the island of Oahu, and the Pacific missile range facility on the island of Kauai.  Additional support of the aerospace industry will enable future development and innovation in science and technology in Hawaii.

     The purpose of this Act is to appropriate funds to establish a position within the Hawaii technology development corporation to assist the corporation's aerospace coordinator.

     SECTION 2.  There is appropriated out of the general revenues of the State of Hawaii the sum of $           or so much thereof as may be necessary for fiscal year 2024-2025 for the establishment of one full-time equivalent (1.0 FTE) position within the Hawaii technology development corporation to assist the corporation's aerospace coordinator.

     The sum appropriated shall be expended by the department of business, economic development, and tourism for the purposes of this Act.

     SECTION 3.  In accordance with section 9 of article VII of the Hawaii State Constitution and sections 37‑91 and 37‑93, Hawaii Revised Statutes, the legislature has determined that the appropriations contained in H.B. No.     , will cause the state general fund expenditure ceiling for fiscal year 2024‑2025 to be exceeded by $           or      per cent.  In addition, the appropriation contained in this Act will cause the general fund expenditure ceiling for fiscal year 2024‑2025 to be further exceeded by $           or      per cent.  The combined total amount of general fund appropriations contained in only these two Acts will cause the state general fund expenditure ceiling for fiscal year 2024‑2025 to be exceeded by $           or      per cent.  The reasons for exceeding the general fund expenditure ceiling are that:

     (1)  The appropriation made in this Act is necessary to serve the public interest; and

     (2)  The appropriation made in this Act meets the needs addressed by this Act.

     SECTION 4.  This Act shall take effect on July 1, 3000.

 


 

Report Title:

Hawaii Technology Development Corporation; Aerospace; Position; Appropriation; Expenditure Ceiling

 

Description:

Appropriates funds to establish a position within the Hawaii Technology Development Corporation to assist the Corporation's aerospace coordinator.  Effective 7/1/3000.  (HD1)

 

 

 

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