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HI SB581

HI SB581
Relating To Economic Development.


summary

Introduced
01/17/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Establishes the Aerospace and Aeronautics Development Program within the Department of Business, Economic Development, and Tourism. Appropriates funds. Effective 7/1/2050. (SD1)

AI Summary

This bill establishes the Aerospace and Aeronautics Development Program within Hawaii's Department of Business, Economic Development, and Tourism to leverage the state's strategic location and existing space-related capabilities. The program will be led by a director appointed by the governor who will have significant responsibilities, including overseeing space-related activities, identifying opportunities to expand aerospace industries, initiating private and international partnerships, facilitating technology transfer, promoting workforce development, and serving as a central point of contact for aerospace-related inquiries. The program will cover diverse areas such as astronomy, aviation, environmental monitoring, robotics, and satellite communications, with a focus on enhancing Hawaii's role in the global space enterprise. Importantly, the bill explicitly prohibits the program from authorizing the launch of vehicles carrying weapons of destruction, nuclear waste, or radioactive power sources. The legislation includes an appropriation of funds for fiscal years 2025-2026 and 2026-2027 to support the program's establishment, and is scheduled to take effect on July 1, 2050, positioning Hawaii to become a significant contributor to aerospace and aeronautics development.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (7)

Last Action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (on 02/10/2025)

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