Loading chat...
HI HB1959
Bill
Status
1/22/2018
Primary Sponsor
Cindy Evans
Click for details
AI Summary
-
Amends Section 201-3 of Hawaii Revised Statutes to expand the duties of the Department of Business, Economic Development, and Tourism (DBEDT) by adding a new section on innovative activity development.
-
Directs DBEDT to evaluate profit potential of innovative economic activities in sectors including aerospace, diversified agriculture, aquaculture, renewable energy, creative media, health care, and science and technology.
-
Requires DBEDT to develop innovative activities that may generate revenue through exports or import substitution, and promote networking opportunities between investors and entrepreneurs at business-focused cultural and entertainment events.
-
Authorizes DBEDT to disseminate information about new growth-oriented industries, assist investor and entrepreneur associations, and award grants or enter contracts to support innovative activity development.
-
Takes effect on July 1, 2112.
Legislative Description
Relating To Innovative Activity Development.
DBEDT
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) C. Lee, Ward excused (2).
1/31/2018