Bill > SCR192

This concurrent resolution urges the Department of Business, Economic Development, and Tourism (DBEDT) to submit an annual Hawaii Genuine Progress Indicator (HI GPI) report to the Hawaii Legislature starting with the 2027 regular session, no later than thirty days before the session begins. The HI GPI is a more comprehensive measure of well-being than traditional economic indicators like Gross Domestic Product (GDP), as it accounts for social and environmental factors alongside economic activity. The resolution specifies that the annual report should include transparent findings on Hawaii's economic welfare, environmental status, and social conditions, detailing trends and insights from the HI GPI analysis. It also mandates that the report include an executive summary, detailed indicator results for economic, social, and environmental categories, an overview of the calculation methodology, an analysis of policy implications, and a data appendix. Furthermore, DBEDT is encouraged to make the report accessible online and provide copies to relevant legislative committees.