Haw. Rev. Stat. § 206M-63
This is the official text of Haw. Rev. Stat. § 206M-63, part of Hawaii’s Rev. Stat — part of the compiled statutory law of Hawaii, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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[ §206M-63] Hydrogen investment special fund.
Official statutory text
[ §206M-63] Hydrogen investment special fund. (a) There shall be established the hydrogen investment 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 development corporation:
(1) To 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 2019, c 56, pt of §2]
(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 development corporation:
(1) To 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 2019, c 56, pt of §2]
Status: in_force · Read it on the official government site
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