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HI SB3110
Bill
AI Summary
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Amends Act 216, Session Laws of Hawaii 2015, to extend the fiscal year 2015-2016 appropriation of $2,000,000 beyond the fiscal year end, with all unencumbered moneys lapsing as of June 30, 2017.
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Appropriates an additional $2,000,000 in general revenues for fiscal year 2016-2017 to the Department of Business, Economic Development, and Tourism for grants and loans to businesses with federal Small Business Innovation Research Phase II or III awards.
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Directs the Department of Business, Economic Development, and Tourism to expend both appropriations through the High Technology Development Corporation for SBIR Phase II and III awards.
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Takes effect on June 29, 2016, with the fiscal year 2016-2017 appropriation effective July 1, 2016.
Legislative Description
Small Business Innovation Research Awards; High Technology Development Corporation; Appropriation ($)
Last Action
Act 066, on 06/06/2016 (Gov. Msg. No. 1167).
6/8/2016