Bill Text: HI SB573 | 2024 | Regular Session | Amended
Bill Title: Relating To Economic Development.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-12-11 - Carried over to 2024 Regular Session. [SB573 Detail]
Download: Hawaii-2024-SB573-Amended.html
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THE SENATE |
S.B. NO. |
573 |
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THIRTY-SECOND LEGISLATURE, 2023 |
S.D. 1 |
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STATE OF HAWAII |
Proposed |
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A BILL FOR AN ACT
RELATING TO ECONOMIC DEVELOPMENT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 206M-2, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) The governing body of the
development corporation shall consist of a board of directors having nine
voting members. The director of business, economic development, and tourism[,
and an appointed member from the University of Hawaii,] or [their] the
director's designated [representatives,] representative, shall
serve as an ex officio[[,]] voting [members] member
of the board. All members shall have knowledge, interest, and proven expertise
in, but not limited to, one or more of the following fields: finance, commerce
and trade, corporate management, marketing, economics, engineering,
telecommunications, innovation, and other technology fields. [Seven] Eight
of the members shall be appointed by the governor pursuant to section 26-34 for
staggered terms; provided that membership shall include:
(1) Three members who shall be appointed by the
governor from a list of four nominees submitted by the president of the senate,
and three members who shall be appointed by the governor from a list of four
nominees submitted by the speaker of the house of representatives; provided
that if fewer than four nominees are submitted for each appointment, the
governor may disregard the list; [and]
(2) One member who shall be appointed by the governor
from the economic development board of Maui, Kauai, or Hawaii county[.];
and
(3) One at-large member.
The governor shall make board member appointments to
ensure the fulfillment of all requirements of paragraphs (1) and (2); provided
that upon the occurrence of a vacancy subject to paragraph (1), the governor
shall notify the president of the senate and the speaker of the house of
representatives of any unfulfilled requirements pursuant to paragraphs (1) and
(2), and the president of the senate or the speaker of the house of
representatives, as appropriate, shall submit nominees who fulfill the
requirements pursuant to paragraphs (1) and (2). All appointed members of the
board shall continue in office until their respective successors have been
appointed. The director of business, economic development, and tourism shall
serve as the chairperson until [such time as] a chairperson is elected
by the board from the membership. The board shall elect other officers as it
deems necessary."
SECTION 2. The appointed member from the University of Hawaii removed by section 1 of this Act shall not be eligible to serve on the board of directors for the Hawaii technology development corporation as an at-large member.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
Report Title:
Hawaii Technology Development Corporation; Board of Directors; Membership; University of Hawaii
Description:
Removes the representative from the University of Hawaii from the board of directors of the Hawaii Technology Development Corporation. Prohibits the University of Hawaii representative from serving on the Hawaii Technology Development Corporation's board of directors as an at-large member. (Proposed SD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
