Bill Text: HI SB1315 | 2020 | Regular Session | Introduced

Hawaii Senate Bill 1315 (Prior Session Legislation)

Introduced

Bill Title: Relating To The Hawaii Technology Development Corporation.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2019-12-01 - Carried over to 2020 Regular Session. [SB1315 Detail]

Download: Hawaii-2020-SB1315-Introduced.html

THE SENATE	S.B. NO.	1315
THIRTIETH LEGISLATURE, 2019
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO THE hawaii TECHNOLOGY DEVELOPMENT CORPORATION.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. The Hawaii technology development corporation is a key state agency in developing and supporting an innovation industry in the State. In 2016, the legislature extended the lapsing date of a previous appropriation and appropriated additional funding for the Hawaii small business innovation research program. The legislature believes that continuation of the program is important in supporting this industry.

SECTION 2. There is appropriated out of the general revenues of the State of Hawaii the sum of $ or so much thereof as may be necessary for fiscal year 2019-2020 and the same sum or so much thereof as may be necessary for fiscal year 2020-2021 for the purpose of continuing the Hawaii small business innovation research program; provided that the Hawaii technology development corporation shall plan on providing grants and loans for phase III awards where applicable.

The sums appropriated shall be expended by the Hawaii technology development corporation for the purposes of this Act.

SECTION 3. This Act shall take effect on July 1, 2019.

INTRODUCED BY:	_____________________________

Report Title:

Hawaii Technology Development Corporation; Small Business Innovation Research Program; Appropriation

Description:

Appropriates funds to continue the Small Business Innovation Research Program within the Hawaii Technology Development Corporation.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.