THE SENATE	S.B. NO.	3109
TWENTY-EIGHTH LEGISLATURE, 2016		S.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO MANUFACTURING.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  Act 215, Session Laws of Hawaii 2015, is amended by amending section 2 to read as follows:

     "SECTION 2.  There is appropriated out of the general revenues of the State of Hawaii the sum of $2,000,000 or so much thereof as may be necessary for fiscal year 2015-2016 to facilitate the provision of grants by the high technology development corporation to manufacturing businesses in Hawaii for certain purchases and employee training purposes[.]; provided that this appropriation shall not lapse at the end of fiscal year 2015-2016; provided further that all moneys that are unencumbered as of June 30, 2017, shall lapse as of that date.

     The sum appropriated shall be expended by the high technology development corporation for the purposes of this Act."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on June 29, 2016.

Report Title:

High Technology Development Corporation; Manufacturing Development Program; Appropriation

Description:

Requires that the fiscal year 2015-2016 appropriation to HTDC for the manufacturing development program shall lapse by 6/30/17 and not at the end of fiscal year 2015-2016.  Takes effect on 6/29/16.  (SD1)

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