HB 556 Summary

• Repeals Hawaii Revised Statutes §103F-401.5, which previously required contract applicants to hold all necessary licenses to conduct the business being procured (with an exception for child care programs).

• Removes the requirement that contract proposals include only costs, fees, and taxes as stated in the proposal, eliminating restrictions on additional payments, rebates, or indirect considerations.

• Effective date set for July 1, 2075.