Bill Text: HI SB2500 | 2020 | Regular Session | Introduced
Bill Title: Relating To Hawaii Technology Development Corporation.
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Engrossed - Dead) 2020-06-25 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Matayoshi excused (2). [SB2500 Detail]
Download: Hawaii-2020-SB2500-Introduced.html
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THE SENATE |
S.B. NO. |
2500 |
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THIRTIETH LEGISLATURE, 2020 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that the Hawaii technology development corporation is a key state agency in the development and support of the State's manufacturing industry. Furthermore, continued support for the manufacturing industry is essential to Hawaii's economy. The legislature further finds that the Hawaii technology development corporation's small business innovation research program, manufacturing assistance program, and excelerator program all play important roles in providing support to more manufacturing companies.
The purpose of this Act is to appropriate funds to the Hawaii technology development corporation for the small business innovation research program, manufacturing assistance program, and excelerator program.
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 2020-2021 for the small business innovation research program.
The sum appropriated shall be expended by the Hawaii technology development corporation for the purposes of this Act.
SECTION 3. 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 2020-2021 to continue operations, administration, and provision of grants by the manufacturing assistance program.
The sum appropriated shall be expended by the Hawaii technology development corporation for the purposes of this Act.
SECTION 4. 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 2020-2021 for the excelerator program.
The sum appropriated shall be expended by the Hawaii technology development corporation for the purposes of this Act.
SECTION 5. This Act shall take effect on July 1, 2020.
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INTRODUCED BY: |
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Report Title:
Hawaii Technology Development Corporation; Appropriation
Description:
Appropriates funds to the Hawaii technology development corporation for the small business innovation research program, manufacturing assistance program, and excelerator program.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
