HB 1912 Summary

• Places the Pacific International Space Center for Exploration Systems within the Department of Business, Economic Development, and Tourism (DBEDT) for administrative purposes only.

• Modifies the board of directors composition by removing the executive director as an ex officio member and adding the Chancellor of the University of Hawaii at Hilo as a voting member, keeping the total at nine members.

• Establishes the board (rather than the DBEDT director) as the entity responsible for appointing the executive director, with the board setting the director's salary and duties.

• Requires the space center to submit annual reports to the legislature by September 1 each year, detailing economic development projects, applied research projects, workforce development programs, third-party agreements, and financial statements.

• Beginning in fiscal year 2021-2022, creates exempt positions within a separate DBEDT budget line item for the space center and transfers all employees, assets, and functions from the Research Corporation of the University of Hawaii upon contract expiration.