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HB1612Introduced in the House

Relating To Economic Development.

EngrossedSenate Economic Development and Technology

Introduced by Greggor Ilagan, District 4

What does this bill do?

Plain-English breakdown

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Official description

Establishes a business competitiveness goal for the State to be nationally ranked in the top thirty states for business climate by 2050, with interim goals. Requires the Department of Business, Economic Development, and Tourism to submit annual progress reports to the Legislature. Appropriates funds. Effective 7/1/3000. (HD1)

Where it stands

The committee on EDT deferred the measure.

March 17, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

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Bill history

  1. Prefiled.

  2. Introduced and Pass First Reading.

  3. Referred to ECD, FIN, referral sheet 1

  4. Bill scheduled to be heard by ECD on Wednesday, 02-04-26 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.

  5. The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and Excused: none.

  6. Reported from ECD (Stand. Com. Rep. No. 288-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  7. Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Lee, M., Poepoe excused (3).

  8. Bill scheduled to be heard by FIN on Monday, 03-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.

  9. The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none.

  10. Reported from FIN (Stand. Com. Rep. No. 770-26), recommending passage on Third Reading.

  11. Passed Third Reading with none voting aye with reservations; Representative(s) Iwamoto voting no (1) and Representative(s) Perruso excused (1). Transmitted to Senate.

  12. Received from House (Hse. Com. No. 26).

  13. Passed First Reading.

  14. Referred to EDT, WAM.

  15. The committee(s) on EDT has scheduled a public hearing on 03-17-26 1:00PM; Conference Room 229 & Videoconference.

  16. The committee on EDT deferred the measure.

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