SB 2901: DBEDT; DLNR; DOH; DHHL; UH; SOEST; HGGRC; GEOLOGICAL SUBSURFACE CHARACTERIZATION; NATURAL RESOURCES; GROUNDWATER; GEOTHERMAL RESOURCES; HAZARDOUS WASTE; EXEMPTIONS; ADMINISTRATIVE RULES; APPROPRIATIONS

Authorizes geological subsurface characterization activities conducted by a public research institution under certain conditions.  Clarifies that boreholes or test holes drilled for the purposes of geological subsurface characterization are distinct from water well exploration and geothermal or mineral exploration.  Requires the Department of Business, Economic Development, and Tourism, to designate the Hawaii Groundwater and Geothermal Resources Center of the University of Hawaii, or a successor entity, as the repository for data collected from any geological subsurface characterization activity.  Requires the Department of Hawaiian Home Lands to designate a repository or be the repository for any scientific data collected from any geological subsurface characterization activity on lands it holds in trust.  Requires the Department of Land and Natural Resources to amend its exemption list to specify that certain geological subsurface characterization activities shall be exempt from the environmental review process or shall only require an exemption notice.  Requires the University of Hawaii to amend its exemption list to specify that certain geological subsurface characterization activities shall be exempt from the environmental review process or shall only require an exemption notice.  Requires the Department of Health to amend its rules related to hazardous waste and hazardous waste management for consistency with federal regulations to specify that certain waste products generated by geological subsurface characterization activity are exempt from hazardous waste management requirements.  Requires that the first site where a borehole or test hole is drilled shall be on lands owned by DHHL.  Establishes the Hawaii Groundwater and Geothermal Resources Center within the School of Ocean and Earth Science and Technology of UH Manoa.  Appropriates funds.