Bill Text: HI HB2054 | 2022 | Regular Session | Amended
Bill Title: Relating To Energy.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-02-18 - Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Eli, Kapela excused (2). [HB2054 Detail]
Download: Hawaii-2022-HB2054-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2054 |
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THIRTY-FIRST LEGISLATURE, 2022 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO ENERGY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that Act 159, Session Laws of Hawaii 2015 (Act 159), authorized the high technology development corporation, which has since been renamed as the Hawaii technology development corporation, to provide fifty per cent matching grants of up to $500,000 to Hawaii awardees of alternative energy research grants from the United States Office of Naval Research from 2015 to 2017. Accordingly, the Hawaii office of naval research grant program was established to implement Act 159.
The high technology development corporation's 2017 annual report states that in the program's final year, it awarded three local companies a total of $950,000, which were then matched with a total of $10,200,000 in federal funds. The legislature further finds that this program would align with the State's goal to achieve one hundred per cent clean energy by the year 2045, while encouraging economic growth and diversification.
The purpose of this Act is to re-establish and appropriate funds for a two-year Hawaii office of naval research grant program.
SECTION 2. (a) There is established within the department of business, economic development, and tourism a two-year Hawaii office of naval research grant program to provide grants to qualified businesses conducting research and development in alternative energy. The purpose of the program shall be to promote the research and development of alternative energy in Hawaii by authorizing the Hawaii technology development corporation to provide matching grants to businesses that meet criteria established in subsection (b).
(b) Subject to the availability of funds, the Hawaii technology development corporation may provide a grant to any business that:
(1) Has been awarded a competitive contract from the Department of Defense Office of Naval Research related to the research of alternative energy and energy efficiency technologies in the fields of geothermal, solar, wind, ocean power, hydrodynamics, bioenergy, biomass, solid waste, smart grids, transportation, or demand response;
(2) Is sixty per cent or more
resident-owned; provided that for purposes of this paragraph, "resident"
shall have the same meaning as in section 235-1, Hawaii Revised Statutes;
(3) Is
a for-profit entity organized under the laws of the State;
(4) Has
been doing business in the State for not less than one year;
(5) Agrees
to expend all grant funds, awarded pursuant to this Act, in the State; and
(6) Conducts research in alternative energy that has a high technology readiness level or high potential for implementation as evidenced by a contract, funded by moneys designated by the United States Congress as funding for alternative energy and a national defense budget funding directive, with the Department of Defense Office of Naval Research that is existing and active or was granted within three years prior to the effective date of this Act;
provided that the amount of any grant awarded pursuant to this Act shall not exceed fifty per cent of the amount of the grant awarded to the business by the Department of Defense Office of Naval Research; provided further that the business shall not be eligible for a grant pursuant to this section if the business has obtained any other state grant for the same research, other than the grant awarded to the business by the Department of Defense Office of Naval Research, at the time of or during the duration of the grant from the Hawaii office of naval research grant program.
(c) The Hawaii office of naval research grant program shall cease to exist on June 30, 2024.
(d) The department of business, economic development, and tourism shall adopt rules, pursuant to chapter 91, Hawaii Revised Statutes, necessary for the purposes of implementing the Hawaii office of naval research grant program.
SECTION 3. There is appropriated out of the general revenues of the State of Hawaii the sum of $1,000,000 or so much thereof as may be necessary for fiscal year 2022-2023 for the purpose of providing grants pursuant to this Act.
The sum appropriated shall be expended by the Hawaii technology development corporation.
SECTION 4. This Act shall take effect on July 1, 2100.
Report Title:
Alternative Energy Research; Matching Grants; Hawaii Technology Development Corporation; Office of Naval Research; Appropriation
Description:
Authorizes the Hawaii Technology Development Corporation to temporarily re-establish the Hawaii Office of Naval Research Grant Program to provide fifty per cent matching grants to Hawaii awardees of alternative energy research grants from the United States Office of Naval Research. Effective 7/1/2100. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
