Bill > SB989

This bill aims to support economic development in Hawaii by appropriating funds to the Hawaii Technology Development Corporation (HTDC) to help small businesses, particularly in the tourism sector, overcome technological challenges and streamline permit applications. Specifically, the bill provides funding for two main purposes: assisting small businesses with technology adoption, such as digital tools like booking systems and online marketing platforms, and developing project management software with an online portal to simplify the permit application process. The legislation recognizes that technology can help small businesses overcome geographic isolation, reduce costs, expand market reach, and enhance competitiveness. The HTDC, with its extensive experience in implementing technology-driven initiatives, will be responsible for administering the funds and is required to submit a report to the legislature by twenty days before the 2026 regular session, detailing the progress of technology enablement for tourism-related small businesses. The bill highlights the importance of technology in mitigating economic vulnerabilities and supporting the long-term sustainability of Hawaii's business community.