HI HB449

Appropriates unspecified general fund amounts for fiscal years 2025-2026 and 2026-2027 to the INNOVATE Hawaii program, which is part of a national network of 52 manufacturing extension centers funded by the National Institute of Standards and Technology

Funding must be used exclusively for technological upgrades and equipment for local manufacturers, workforce training programs, marketing of Hawaii-made products, and research and development for manufacturing techniques

Prioritizes funding for Hawaii-based manufacturers with fewer than 100 employees that focus on local product development, advanced manufacturing, and workforce training

Requires the Hawaii Technology Development Corporation to submit annual reports to the legislature detailing businesses assisted, funding allocations, economic impacts (jobs created, revenue increases), implementation challenges, and future funding recommendations

Effective date set to July 1, 3000 (placeholder date indicating appropriation amount needs to be determined)