HI HB2831

Adds definition of "qualified security" to Hawaii Revised Statutes Section 227D-1, encompassing notes, stocks, bonds, investment contracts, patents, and other instruments commonly known as securities.

Authorizes the Natural Energy Laboratory of Hawaii Authority (NELHA) to acquire, hold, and sell qualified securities, provided funds are not used from authority capital or the special fund.

Prohibits NELHA from acquiring, holding, or selling qualified securities of its tenants without prior board approval by simple majority vote in each case, with details required in annual reporting.

Grants NELHA authority to accept donations, grants, bequests, and devises of money, property, services, or other things of value from governmental and private sources, with recipient identity and transaction details required in annual reports.

Makes minor grammatical updates to existing NELHA powers relating to supporting research projects, developing educational programs, and supporting commercialization of natural resources.