Bill > HB448

This bill aims to support Hawaii's small businesses, particularly those in the tourism sector, by providing funding to the Hawaii Technology Development Corporation (HTDC) to help them adopt and leverage digital technologies. The legislature recognizes that tourism-based businesses face significant challenges due to seasonal fluctuations, economic shifts, and global disruptions like pandemics, which have left many operating with minimal profit margins. The bill seeks to enable these businesses to use digital tools such as online booking systems, marketing platforms, and data analytics to reduce costs, expand market reach, and improve customer experiences. The HTDC, with its extensive experience in technology-driven initiatives and grant administration, will be responsible for distributing the appropriated funds to assist small businesses in implementing technology solutions. The bill provides funding for fiscal years 2025-2026 and 2026-2027, with the HTDC required to submit reports to the legislature detailing the progress of technology enablement efforts. By supporting technology adoption, the bill aims to enhance the resilience and competitiveness of Hawaii's small businesses, particularly in the tourism sector, and contribute to the state's economic sustainability.

Budget and Finance, Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=448&year=2025