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HI HB1070
Bill
Status
1/28/2015
Primary Sponsor
Derek Kawakami
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AI Summary
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Appropriates unspecified general revenue funds for fiscal years 2015-2016 and 2016-2017 to the Hawaii Strategic Development Corporation to continue the HI Growth Initiative established by Act 274, Session Laws of Hawaii 2013.
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Appropriates unspecified general revenue funds for fiscal years 2015-2016 and 2016-2017 to the High Technology Development Corporation to expand services to innovation companies in high technology development corporation facilities and other incubation facilities and programs.
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Recognizes the Hawaii Strategic Development Corporation's role in investing state and federal funds with private matching funds to build targeted industries including digital, innovation, and technological sectors.
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Recognizes the High Technology Development Corporation's mission to facilitate development and growth of Hawaii's commercial high technology industry.
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Takes effect July 1, 2015.
Legislative Description
Incubation; Appropriation; Hawaii Strategic Development Corporation; High Technology Development Corporation ($)
Last Action
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) Har, Matsumoto excused (2).
2/9/2015