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HI SB2265

Bill

Status

Engrossed

2/18/2020

Primary Sponsor

Maile Shimabukuro

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Origin

Senate

2020 Regular Session

AI Summary

  • Establishes the micro enterprise assistance program on Hawaiian home lands revolving fund within the Department of Hawaiian Home Lands to provide grants and loans for small business development.

  • Fund receives deposits from legislature appropriations, federal grants and subsidies, private investments, and voluntary contributions.

  • Program provides assistance to qualified native Hawaiians, native Hawaiian-controlled homestead associations, homestead association community development corporations, and Native Hawaiian community organizations with demonstrated lending and support capabilities.

  • Authorizes the Department of Hawaiian Home Lands to enter into a memorandum of agreement with the Department of Business, Economic Development, and Tourism to implement the program.

  • Takes effect July 1, 2051.

Legislative Description

Relating To Hawaiian Homelands.

Appropriation ($)

Last Action

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Har, Okimoto voting aye with reservations; none voting no (0) and Representative(s) Thielen excused (1).

5/11/2020

Committee Referrals

Finance5/11/2020
Water, Land, & Hawaiian Affairs2/27/2020
Ways and Means2/6/2020
Hawaiian Affairs1/21/2020

Full Bill Text

No bill text available