Technology

Establishes the offense of criminal property damage to critical infrastructure facilities as a class C felony. Expands the term "critical infrastructure" to include broadband, wireless, and cable networks. Effective 7/1/3000. (HD1)

Establishes within the Department of Commerce and Consumer Affairs' Division of Financial Institutions, beginning 1/1/2027, a digital asset charter program for licensing, regulating, and overseeing digital asset companies and digital asset business activities. Authorizes companies that participated in the Hawaii Digital Currency Innovation Lab to temporarily continue digital asset business activities without a charter in certain circumstances. Appropriates moneys from the compliance resolution fund. Effective 7/1/2050. (SD2)

SB 1038 clarifies privacy definitions by adding a specific term for "specified data element" and broadening the definition of "personal information." This bill directly affects businesses, organizations, and government entities that collect or handle personal data, as it changes how such data must be categorized. The key change is updating these definitions to include more specific data types, which would impact how entities comply with privacy requirements. The bill is scheduled to take effect on July 1, 3000, after passing committee review with amendments.