Hawaii 2025 Regular Session

Hawaii Senate Bill SB1330 Compare Versions

Only one version of the bill is available at this time.

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1	1	THE SENATE S.B. NO. 1330 THIRTY-THIRD LEGISLATURE, 2025 STATE OF HAWAII A BILL FOR AN ACT RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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3	3	THE SENATE S.B. NO. 1330
4	4	THIRTY-THIRD LEGISLATURE, 2025
5	5	STATE OF HAWAII
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7	7	THE SENATE
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9	9	S.B. NO.
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11	11	1330
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13	13	THIRTY-THIRD LEGISLATURE, 2025
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17	17	STATE OF HAWAII
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31	31	A BILL FOR AN ACT
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37	37	RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.
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43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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47	47	SECTION 1. Section 206M-15, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: "(b) The development corporation may provide grants to any business in Hawaii that: (1) Receives a federal small business innovation research phase I or II award or contract from any participating federal agency, up to fifty per cent of the amount of the federal award or contract; (2) Receives a federal small business technology transfer program award or contract from any participating federal agency, up to fifty per cent of the amount of the federal award or contract; (3) Receives a federal small business innovation research phase III or small business technology transfer program phase III award or contract, up to fifty per cent of the amount of the award or contract funded by private sector of government sources outside of the program; or (4) Applies for a small business innovation research federal grant or a small business technology transfer program federal grant, in an amount not to exceed [$3,000,] $6,000, subject to the availability of funds." SECTION 2. Section 206M-15.1, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows: "(a) There is established the manufacturing development program, through which the development corporation may provide grants to any business in Hawaii that is a manufacturer in the State and requires assistance for any of the following items: (1) Purchasing of manufacturing equipment; (2) Training of employees on the use of new or existing manufacturing equipment; (3) Improving existing energy efficiency manufacturing equipment or the purchase of improved energy efficiency equipment in the manufacturing process; [or] (4) Purchasing of renewable energy technology systems, as defined in section 235-12.5, including photovoltaic, for the purpose of reducing manufacturing energy costs; provided that any renewable energy technology system purchased by a business that receives a grant pursuant to this paragraph shall not be eligible for the tax credit under section 235-12.5 to install or place that system in service; or [(4)] (5) Studying or planning the implementation of a new manufacturing facility; provided that no grant shall exceed twenty per cent of the cost of any of the above items, and no company shall receive a grant exceeding $100,000 in any given year." SECTION 3. Section 23512.5, Hawaii Revised Statutes, is amended by amending subsection (i) to read as follows: "(i) No taxpayer shall be allowed a credit under this section for [the]: (1) The portion of the renewable energy technology system required by section 196-6.5 that is installed and placed in service on any newly constructed single‑family residential property authorized by a building permit issued on or after January 1, 2010[.]; or (2) The installation or placing in service of any portion of a renewable energy technology system purchased in whole or in part with a grant received under the manufacturing development program pursuant to section 206M-15.1." SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 5. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________ BY REQUEST
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49	49	SECTION 1. Section 206M-15, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
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51	51	"(b) The development corporation may provide grants to any business in Hawaii that:
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53	53	(1) Receives a federal small business innovation research phase I or II award or contract from any participating federal agency, up to fifty per cent of the amount of the federal award or contract;
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55	55	(2) Receives a federal small business technology transfer program award or contract from any participating federal agency, up to fifty per cent of the amount of the federal award or contract;
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57	57	(3) Receives a federal small business innovation research phase III or small business technology transfer program phase III award or contract, up to fifty per cent of the amount of the award or contract funded by private sector of government sources outside of the program; or
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59	59	(4) Applies for a small business innovation research federal grant or a small business technology transfer program federal grant, in an amount not to exceed [$3,000,] $6,000,
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61	61	subject to the availability of funds."
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63	63	SECTION 2. Section 206M-15.1, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
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65	65	"(a) There is established the manufacturing development program, through which the development corporation may provide grants to any business in Hawaii that is a manufacturer in the State and requires assistance for any of the following items:
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67	67	(1) Purchasing of manufacturing equipment;
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69	69	(2) Training of employees on the use of new or existing manufacturing equipment;
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71	71	(3) Improving existing energy efficiency manufacturing equipment or the purchase of improved energy efficiency equipment in the manufacturing process; [or]
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73	73	(4) Purchasing of renewable energy technology systems, as defined in section 235-12.5, including photovoltaic, for the purpose of reducing manufacturing energy costs; provided that any renewable energy technology system purchased by a business that receives a grant pursuant to this paragraph shall not be eligible for the tax credit under section 235-12.5 to install or place that system in service; or
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75	75	[(4)] (5) Studying or planning the implementation of a new manufacturing facility;
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77	77	provided that no grant shall exceed twenty per cent of the cost of any of the above items, and no company shall receive a grant exceeding $100,000 in any given year."
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79	79	SECTION 3. Section 23512.5, Hawaii Revised Statutes, is amended by amending subsection (i) to read as follows:
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81	81	"(i) No taxpayer shall be allowed a credit under this section for [the]:
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83	83	(1) The portion of the renewable energy technology system required by section 196-6.5 that is installed and placed in service on any newly constructed single‑family residential property authorized by a building permit issued on or after January 1, 2010[.]; or
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85	85	(2) The installation or placing in service of any portion of a renewable energy technology system purchased in whole or in part with a grant received under the manufacturing development program pursuant to section 206M-15.1."
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87	87	SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
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89	89	SECTION 5. This Act shall take effect upon its approval.
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93	93	INTRODUCED BY: _____________________________
94	94	BY REQUEST
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96	96	INTRODUCED BY:
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98	98	_____________________________
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102	102	BY REQUEST
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104	104	Report Title: Hawaii Technology Development Corporation; Small Business Innovation Research Grant Program; Small Business Technology Transfer Grant Program; Manufacturing Development Grant Program Description: Increases the cap for awards to assist businesses applying for the Small Business Innovation Research Grant Program and the Small Business Technology Transfer Grant Program of the Hawaii Technology Development Corporation. Adds purchasing of renewable energy systems as an eligible expense and clarifies that training on both new and existing manufacturing equipment is an eligible expense for the Manufacturing Development Grant Program. Clarifies that no tax credit is available for renewable energy systems purchased with a grant received under the Manufacturing Development Grant Program. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
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112	112	Report Title:
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114	114	Hawaii Technology Development Corporation; Small Business Innovation Research Grant Program; Small Business Technology Transfer Grant Program; Manufacturing Development Grant Program
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118	118	Description:
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120	120	Increases the cap for awards to assist businesses applying for the Small Business Innovation Research Grant Program and the Small Business Technology Transfer Grant Program of the Hawaii Technology Development Corporation. Adds purchasing of renewable energy systems as an eligible expense and clarifies that training on both new and existing manufacturing equipment is an eligible expense for the Manufacturing Development Grant Program. Clarifies that no tax credit is available for renewable energy systems purchased with a grant received under the Manufacturing Development Grant Program.
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128	128	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.