HI HB455

Appropriates unspecified funds from general revenues to the Department of Business, Economic Development, and Tourism (DBEDT) for fiscal years 2025-2026 and 2026-2027

Funds contracted services to provide financing and support for start-up businesses in Hawaii

Excludes businesses already eligible for the community-based economic development loan program under chapter 210D, Hawaii Revised Statutes

Addresses barriers to entrepreneurship caused by COVID-19 pandemic, supply chain issues, and inflation that have limited access to capital for new businesses

Effective date set as July 1, 3000 (placeholder date indicating the bill requires further amendment before implementation)