HI HB2356

Modifies Section 206M-15 to change the grant cap for businesses applying for Small Business Innovation Research and Small Business Technology Transfer federal grants (specific dollar amount left blank in bill)

Amends Section 206M-15.1 to add purchasing of renewable energy technology systems, including photovoltaic, as an eligible expense for the Manufacturing Development Grant Program, with a prohibition on receiving both the grant and the tax credit under Section 235-12.5

Clarifies that employee training on "new or existing" manufacturing equipment is an eligible expense for the Manufacturing Development Grant Program

Appropriates unspecified sums from general revenues for fiscal year 2024-2025 for the Hawaii small business innovation research program, manufacturing assistance grant program, and accelerator grant program to be expended by the Hawaii Technology Development Corporation

Takes effect January 1, 2060