Bill > SB1482

This bill establishes the Aerospace and Aeronautics Development Program within the Hawaii Technology Development Corporation. The program will oversee and coordinate space-related activities in the state, including promoting opportunities for expanding aerospace industries, forging partnerships with the University of Hawaii and international entities, and leveraging the state's technological capabilities to increase competitiveness in aerospace markets. The bill also appropriates funds for the establishment of the program and sets an effective date of July 1, 2050.