Amends the membership of the Hawaii Interagency Council for Transit-Oriented Development to include the House of Representatives chairs of the committees on housing and transportation and the Senate chairs of the committees on housing and transportation.
Subjects rent-to-own contracts for real property in the State to state and federal foreclosure procedures.
Limits the tax credits for research activities each taxpayer may receive to $1,500,000 per taxable year. Requires that every qualified high technology business be registered to do business in the State and occupy a business location and address in the State where at least seventy-five per cent of the company's employees are located to be eligible to receive tax credits for research activities. Increases the amount of available certified credits from $5,000,000 per year to $15,000,000 per year. Extends the sunset date for tax credits for research activities from December 31, 2024 to December 31, 2029.
Requires the Office of the Auditor to conduct a comprehensive management and financial audit of the Hawaii Tourism Authority and the Department of Business, Economic Development, and Tourism, specifically relating to the Request for Proposals regarding destination brand marketing and management services to the State for the United States major market area.
Establishes a Dam and Reservoir Working Group to ensure and enhance the continued availability and operation of dams and reservoirs in the State.
Requires the Board of Land and Natural Resources to create a standard lease application and programmatic environmental impact statement to streamline the process for leasing government-owned Hawaiian fishponds. Appropriates funds.
Appropriates funds to Hawaii Technology Development Corporation for the Manufacturing Assistance Program.
Establishes within the Department of Land and Natural Resources a water security working group to study and recommend priority capital improvement projects for legislative consideration and approval that leverage public-private investment to increase Hawaii's water security. Makes an appropriation.
Requires the Board of Education, in collaboration with the University of Hawaii, to develop a Hawaiian Language Medium Education Kindergarten Entry Assessment to be administered by the Department of Education, beginning with the 2026-2027 school year.
Appropriates funds to the Hawaii Technology Development Corporation for the State Small Business Credit Initiative Program.
