THE SENATE |
S.B. NO. |
573 |
THIRTY-SECOND LEGISLATURE, 2023 |
S.D. 1 |
|
STATE OF HAWAII |
|
|
|
|
|
|
||
|
A BILL FOR AN ACT
RELATING TO ECONOMIC DEVELOPMENT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"(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.
SECTION 4. This Act shall take effect upon its approval.
Report Title:
Hawaii Technology Development Corporation; Board of Directors; Membership; UH4
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. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.