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HI HB2333

Bill

Official Source

Status

Passed

6/13/2018

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Amends Section 210D-4 of Hawaii Revised Statutes to authorize the Department of Business, Economic Development, and Tourism to deposit loan repayments and interest/fee payments from three loan programs into the Hawaii community-based economic development revolving fund.

  • Allows deposits from the Hawaii capital loan program (chapter 210), the Hawaii large fishing vessel purchase, construction, renovation, maintenance, and repair loan program (chapter 189, part II), and the Hawaii small fishing vessel loan program (chapter 189, part IV).

  • Moneys deposited into the Hawaii community-based economic development revolving fund may be used to make grants or loans to small businesses under the chapter's purposes.

  • Takes effect on July 1, 2018.

Legislative Description

Relating To The Hawaii Community-based Economic Development Technical And Financial Assistance Program.

Hawaii Community-Based Economic Development Technical and Financial Assistance Program

Last Action

Act 028, 06/07/2018 (Gov. Msg. No. 1128).

6/13/2018

Committee Referrals

Ways and Means3/20/2018
Economic Development, Tourism, and Technology3/1/2018
Finance2/13/2018
Economic Development & Business1/29/2018

Full Bill Text

No bill text available