STAND. COM. REP. NO. 769-26

Honolulu, Hawaii

, 2026

RE: H.B. No. 1613

H.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2026

State of Hawaii

Madame:

Your Committee on Finance, to which was referred H.B. No. 1613, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION,"

begs leave to report as follows:

The purpose of this measure is to appropriate funds for the Hawaii Technology Development Corporation to establish advanced manufacturing and cybersecurity specialist and marketing and branding specialist positions.

Your Committee received testimony in support of this measure from the Hawaiʻi Technology Development Corporation; Chamber of Commerce Hawaiʻi; Hawaiʻi Angels; Hidden Gears LLC; Small Kine Farm; WaiHome LLC; Blue Startups; Hawaiʻi Food Industry Association; ThriveHI; Black Sand Solutions LLC; Namaka Algae, Inc.; Hawaiʻi Tech Week; Simonpietri Enterprises LLC; NeuroMuse LLC; The Maritime Group; and two individuals.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1613, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

CHRIS TODD, Chair