Establishes the Hawaii State Fellows Program within the Department of Human Resources Development to match talented applicants with full-time, paid fellowship roles in various state agencies for a period of 10 to 11 months. Establishes minimum qualifications and procedures for eligible applicants to apply to the program. Gives preference to eligible program applicants who have a pre-existing connection to the State or a demonstrated commitment to long-term leadership in the State. Requires the Department of Human Resources Development to coordinate with state agencies to implement and promote the program. Requires a report to the Legislature. Appropriates moneys.