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HI SB1234

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Glenn Wakai

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Repeal part III of Act 240, Session Laws of Hawaii 2012, which had repealed the High Technology Innovation Corporation (HTIC)
  • Exempt HTIC from chapter 103D, Hawaii Revised Statutes (the Hawaii Public Procurement Code)
  • HTIC operates as a not-for-profit corporate body to leverage tax-deductible status and receive donations from private sector, foundation monies, and businesses
  • HTIC can house a proof of concept center as part of the Governor's HI Growth Initiative and facilitate public-private partnerships for high technology industry development
  • Exemption from procurement code will enable HTIC to facilitate more public-private funding opportunities

Legislative Description

High Technology Innovation Corporation; Hawaii Public Procurement Code

Last Action

Report adopted; Passed Second Reading and referred to WAM.

2/13/2013

Committee Referrals

Ways and Means2/13/2013
Economic Development, Government Operations and Housing1/28/2013

Full Bill Text

No bill text available