SECTION 1. Section 206M-1, Hawaii Revised Statutes, is amended by amending the definition of "industrial park" to read as follows:

""Industrial park" means a tract of real property determined by the board as being suitable for use as building sites for projects by one or more industrial, processing, or manufacturing enterprises engaged in high technology, including research, training, technical analyses, software development, broadband cable landing and connectivity infrastructure facility development, and pilot plant or prototype product development, and may include the installation of improvements to the tract incidental to the use of real property as an industrial park, such as water, sewer, sewage and waste disposal, and drainage facilities, sufficient to adequately service projects in the industrial park, and provision of incidental transportation facilities, power distribution facilities, and communication facilities. Industrial parks shall not include any buildings or structures of any kind except for buildings or structures incidental to improvements to the industrial park."

SECTION 2. Section 206M-2, Hawaii Revised Statutes, is amended to read as follows:

"§206M-2 Establishment of the high technology development corporation; purpose. (a) There is established the high technology development corporation, which shall be a public body corporate and politic and an instrumentality and agency of the State. The development corporation shall be placed within the department of business, economic development, and tourism for administrative purposes, pursuant to section 26-35. The purpose of the development corporation shall be to facilitate the growth and development of the commercial high technology industry in Hawaii. Its duties shall include, but not be limited to:

(1) Developing and encouraging industrial parks as high technology innovation centers and developing or assisting with the development of projects within or outside of industrial parks, including participating with the private sector in such development;

(2) Providing financial and other support and services to Hawaii-based high technology companies;

(3) Collecting and analyzing information on the state of commercial high technology activity in Hawaii;

(4) Promoting and marketing Hawaii as a site for commercial high technology activity; and

(5) Providing advice on policy and planning for technology-based economic development.

(b) The governing body of the development corporation shall consist of a board of directors having eleven voting members. Seven of the members shall be appointed by the governor for staggered terms pursuant to section 26-34. Six of the appointed members shall be from the general public and selected on the basis of their 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, and telecommunications, and other high technology fields. The other appointed member shall be selected from the faculty of the University of Hawaii. 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, the director of finance, an appointed member from the board of the Hawaii strategic development corporation, and an appointed member from the board of the natural energy laboratory of Hawaii authority, or their designated representatives, shall serve as ex officio voting members of the board. 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 such other officers as it deems necessary.

(c) The members of the board appointed under subsection (b) shall serve without compensation, but may be reimbursed for expenses, including travel expenses, incurred in the performance of their duties.

(d) The board shall appoint a chief executive officer, who shall serve at the pleasure of the board and shall be exempt from chapter 76. The board shall set the salary and duties of the executive officer.

(e) The board shall appoint a management advisory committee for each industrial park and related project or projects governed by the board. Each committee shall have five members, who shall serve without compensation but may be reimbursed for expenses incurred in the performance of their duties. The members shall be drawn from fields of activity related to each industrial park and related project or projects.

(f) When developing an industrial park with a broadband cable landing and connectivity infrastructure facility, the board shall establish advisory subcommittees, as necessary, and appoint the members thereof, to provide recommendations to the board on issues delegated to the subcommittee by the board, for a vote by the board during a board meeting. Subcommittee members shall serve without compensation but may be reimbursed for expenses incurred in the performance of their duties."

SECTION 3. The board of directors of the high technology development corporation shall submit a report of its findings and recommendations, including any proposed legislation, to the governor and the legislature not later than twenty days prior to the convening of the regular session of 2016 on the formation of advisory subcommittees as authorized under this measure and their plans to develop industrial parks in conjunction with broadband cable landing and connectivity infrastructure facilities.

SECTION 4. New statutory material is underscored.

SECTION 5. This Act shall take effect on February 19, 2025.

Report Title:

High Technology Development Corporation; Broadband Cable; Advisory Subcommittees; Report

Description:

Defines "industrial park" to include broadband cable landing and connectivity infrastructure facility development. Requires the board of directors of the high technology development corporation to establish advisory subcommittees to make recommendations to the board. Requires a report to the governor and the legislature in 2016 regarding the formation of the sub-committees and their plans to develop industrial parks in conjunction with broadband cable landing and connectivity infrastructure facilities. (SB887 HD1)

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

THE SENATE	S.B. NO.	887
TWENTY-EIGHTH LEGISLATURE, 2015		S.D. 2
STATE OF HAWAII		H.D. 1