Hawaii HB1011 amends the Hawaii Technology Development Corporation's grant program for manufacturing businesses.
Hawaii HB1011 modifies the Hawaii Technology Development Corporation's grant program to support manufacturing businesses. The bill allows grants for purchasing manufacturing equipment, training employees, improving energy efficiency, and purchasing renewable energy technology systems. It also increases the tax credit for renewable energy technology systems on newly constructed single-family residential properties. The bill specifies that no grant exceeds 20% of the cost of the item or $100,000 per company per year.
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