2014 Hawaii Revised Statutes
TITLE 13. PLANNING AND ECONOMIC DEVELOPMENT
211F. Hawaii Strategic Development Corporation
211F-5.7 Hydrogen investment capital special fund.
§211F-5.7 Hydrogen investment capital special fund. (a) There shall be established the hydrogen investment capital special fund, into which shall be deposited:
(1) Appropriations made by the legislature to the fund;
(2) All contributions from public or private partners;
(3) All interest earned on or accrued to moneys deposited in the special fund; and
(4) Any other moneys made available to the special fund from other sources.
(b) Moneys in the fund shall be expended by the corporation to:
(1) Provide seed capital for and venture capital investments in private sector and federal projects for research, development, testing, and implementation of the Hawaii renewable hydrogen program, as set forth in section 196-10; and
(2) For any other purpose deemed necessary to carry out the purposes of section 196-10. [L 2006, c 240, §7; am L 2012, c 240, §4]
Disclaimer: These codes may not be the most recent version. Hawaii may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
