Bill > SB3167

This bill requires the Hawaii Technology Development Corporation (HTDC), a state agency that supports technology development, to hire an outside consultant to create a comprehensive statewide strategy for the "blue economy," which refers to the sustainable use of ocean resources for economic growth and job creation while protecting ocean health. This strategy will focus on advancing ocean technology and innovation, including areas like maritime industries, aquaculture, coastal resilience, and ocean observation systems, and will involve coordinating with various state agencies, researching industry needs, seeking funding, and developing workforce programs. The HTDC will also be responsible for supporting the creation of an ocean technology innovation hub. Furthermore, the bill mandates that the HTDC submit an annual report to the Legislature detailing its progress and recommendations, and appropriates $500,000 for the fiscal year 2026-2027 to fund the hiring of the consultant.