Reported from EDT (Stand. Com. Rep. No. 2309) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Summary
The bill establishes a Hawaii Technology Development Corporation (HTDC) revolving fund that provides state matching funds for federal grants supporting innovation, technology, research, and manufacturing projects. The fund is administered by HTDC and can only be used when a qualifying federal award is received. Annual reports on the fund’s balance and impact must be submitted to the Legislature.
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