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HI SB761

Bill

Official Source

Status

Engrossed

3/7/2017

Primary Sponsor

Glenn Wakai

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Appropriates $1,000,000 from general revenues for fiscal year 2017-2018 to be deposited into the Hawaii strategic development corporation revolving fund.

  • Appropriates $1,000,000 from the Hawaii strategic development corporation revolving fund for fiscal year 2017-2018 for the HI growth initiative.

  • Requires $1,000,000 of the fiscal year 2016-2017 HI growth initiative appropriation to lapse on June 30, 2017 instead of being expended.

  • The appropriations in sections 3 and 4 take effect only if the $1,000,000 lapse occurs as required in section 2.

  • Establishes that the base budget for the Hawaii strategic development corporation shall not be reduced by the amounts lapsed under this Act.

Legislative Description

Relating To Business Development.

Appropriation

Last Action

Passed Second Reading and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aquino, Ichiyama, Souki excused (3).

3/23/2017

Committee Referrals

Finance3/23/2017
Economic Development & Business3/9/2017
Ways and Means2/9/2017
Economic Development, Tourism, and Technology1/23/2017

Full Bill Text

No bill text available