Bill > SB817

This bill requires the Hawaii Department of Business, Economic Development, and Tourism (DBEDT) to establish an out-of-state office in the Philippines, recognizing the significant economic and cultural ties between Hawaii and the Philippines. The legislation is motivated by the fact that Filipinos constitute approximately 25% of Hawaii's population and play crucial roles across various economic sectors. The bill directs DBEDT to create this office under section 201-81 of Hawaii Revised Statutes, with the goals of assisting small businesses, developing marketing strategies, expanding trade opportunities, and promoting cultural exchanges. To support this initiative, the bill appropriates funding for fiscal years 2025-2026 and 2026-2027, though the specific monetary amount is not specified in the text. The bill also notes recent emphasis from Philippine President Ferdinand R. Marcos, Jr. on expanding trade cooperation, and is designed to leverage the Filipino community in Hawaii to foster sustained economic growth and mutual benefits. The legislation is set to take effect on July 1, 2050.

Budget and Finance, Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=817&year=2026