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HI SB2265
Bill
Status
2/18/2020
Primary Sponsor
Maile Shimabukuro
Click for details
AI Summary
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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.
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Fund receives deposits from legislature appropriations, federal grants and subsidies, private investments, and voluntary contributions.
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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.
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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.
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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