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HI SB1443
Bill
AI Summary
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Prohibits companies from receiving grants in consecutive years under the Hawaii Technology Development Corporation's manufacturing development program.
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Maintains existing grant limitations: grants cannot exceed 20 percent of the cost of eligible items and cannot exceed $100,000 per company in any given year.
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Applies to grants for purchasing manufacturing equipment, employee training, improving energy efficiency equipment, or studying/planning new manufacturing facilities.
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Becomes effective July 1, 2050.
Legislative Description
Relating To The Hawaii Technology Development Corporation.
Grants
Last Action
Passed Second Reading and referred to the committee(s) on FIN with Representative(s) Okimoto, Ward voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Matayoshi excused (2).
6/25/2020