Loading chat...

HI HB911

Bill

Status

Engrossed

3/3/2017

Primary Sponsor

Jarrett Keohokalole

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Establishes a High Technology Shared Equipment Program administered by the High Technology Development Corporation to provide technology companies low-cost access to high technology equipment.

  • Allows the corporation to facilitate a network where companies share their own equipment with other companies at rates determined between parties, with the corporation able to charge a facilitation fee and suggest reasonable fee schedules.

  • Permits the corporation to purchase or accept high technology equipment and lease it to companies for a fee, and to dispose of equipment through sale or other means with board approval.

  • Requires all revenues from the program to be deposited into the high technology special fund.

  • Appropriates unspecified funds from general revenues to the high technology special fund and from that fund for program implementation and administration for fiscal years 2017-2018 and 2018-2019.

Legislative Description

Relating To The High Technology Development Corporation.

High Technology Development Corporation

Last Action

Carried over to 2018 Regular Session.

11/30/2017

Committee Referrals

Economic Development, Tourism, and Technology3/9/2017
Finance2/16/2017
Economic Development & Business1/27/2017

Full Bill Text

No bill text available