Bill > HB2602

This bill establishes a "sustainable tourism infrastructure matching grant program" within the Department of Business, Economic Development, and Tourism to provide financial assistance for one-time capital investments that improve sustainability and climate resilience in Hawaii's visitor industry. These investments can include projects like energy efficiency upgrades, renewable energy installations, water conservation systems, waste reduction infrastructure, flood mitigation measures, cycling infrastructure, and improvements to passenger terminals and port facilities that reduce environmental impact. The program requires that any grant awarded must be matched by private funds to ensure shared investment and fiscal responsibility. The department will prioritize projects that are ready for implementation, demonstrate clear and measurable environmental benefits, leverage significant private funding, reduce long-term risks, and align with statewide climate and economic goals. Furthermore, the department is mandated to submit an annual report to the Legislature detailing grant awards, project types, private matching funds, achieved outcomes, and an assessment of the program's effectiveness. The bill also appropriates funds for the program and sets an effective date of July 1, 3000.

Agriculture and Natural Resources, Budget and Finance, Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=2602&year=2026