HI SB2627

Exempts the Hawaii Tourism Authority from the Hawaii Public Procurement Code and competitive bidding requirements specifically for contracts and agreements related to sports events.

Requires the Authority to notify the Chief Procurement Officer of contract details within 30 days of executing any exempt contract.

Mandates an annual report to the State Procurement Office detailing all contracts or agreements executed under this exemption in the preceding year.

Addresses delays in Hawaii's standard procurement process, which typically takes months and can cause missed opportunities with national and international sports brands, teams, and time-sensitive marketing campaigns.

Takes effect July 1, 2050.