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THE SENATE |
S.B. NO. |
3006 |
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THIRTIETH LEGISLATURE, 2020 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to THE hawaii technology development corporation.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that the Hawaii technology development corporation is a key state agency in the development and support of the State's manufacturing industry. Furthermore, continued support for the manufacturing industry is essential to Hawaii's economy. The legislature further finds that the Hawaii technology development corporation's manufacturing assistance program play important roles in providing support to more manufacturing companies.
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 2020-2021 to continue operations, administration, and provision of grants by the manufacturing assistance program.
The sum appropriated shall be expended by the Hawaii technology development corporation for the purposes of this Act.
SECTION 3. This Act shall take effect on July 1, 2020.
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INTRODUCED BY: |
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Report Title:
Hawaii Technology Development Corporation; Appropriation
Description:
Appropriates funds to Hawaii Technology Development Corporation for the Manufacturing Assistance Program.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.