reglab/housing_qa huggingface dataset:
HI Rev Stat § 211D-2 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-2 Powers of department in administering the capital access program.

  §211D-2 Powers of department in administering the capital access program. In administering the program, the department shall have all the powers necessary to carry out the purposes of this chapter, including the power to:  (1) Make, execute, and deliver contracts, conveyances, and other instruments necessary to the exercise of its powers;  (2) Invest money at the department's discretion in obligations determined proper by the department, and select and use depositories for its money;  (3) Employ personnel and counsel and pay the persons from money in the fund legally available for that purpose; and  (4) Impose and collect fees and charges in connection with any transaction and provide for reasonable penalties for delinquent payment of fees or charges. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-3 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-3 Capital access program.

  §211D-3 Capital access program. (a) The department shall establish a capital access program to assist a participating financial institution in making loans to businesses and nonprofit organizations that face barriers in accessing capital.  (b) The department shall use money in the fund to make a deposit in a participating financial institution's reserve account in an amount specified by this chapter to be a source of money the institution may receive as reimbursement for losses attributable to loans in the program.  (c) The department shall determine the eligibility of a financial institution to participate in the program and may set a limit on the number of eligible financial institutions that may participate in the program.  (d) To participate in the program, an eligible financial institution shall enter into a participation agreement with the department that sets out the terms and conditions under which the department will make contributions to the institution's reserve account and specifies the criteria for a loan to qualify as a capital access loan.  (e) To qualify as a capital access loan, a loan shall:  (1) Be made to a small or medium-sized business or to a nonprofit organization;  (2) Be used by the business or nonprofit organization for any project, activity, or enterprise in Hawaii that fosters economic development; and  (3) Meet any other criteria provided by this chapter. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-4 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-4 Rulemaking authority.

  §211D-4 Rulemaking authority. (a) The department shall adopt rules relating to the implementation of the program and any other rules necessary to accomplish the purposes of this chapter. The rules may:  (1) Provide for criteria under which a certain line of credit issued by an eligible financial institution to a small or medium-sized business or nonprofit organization qualifies to participate in the program; and  (2) Authorize a consortium of financial institutions to participate in the program subject to common underwriting guidelines.  (b) To qualify for participation in the program, a line of credit shall:  (1) Be an account at a financial institution under which the financial institution agrees to lend money to a person from time to time to finance one or more projects, activities, or enterprises that are authorized by this chapter; and  (2) Contain the same restrictions, to the extent possible, that are placed on a capital access loan that is not a line of credit. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-5 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-5 Provisions relating to capital access loan.

  §211D-5 Provisions relating to capital access loan. (a) Except as otherwise provided by this chapter, the department may not determine the recipient, amount, or interest rate of a capital access loan or the fees or other requirements related to the loan.  (b) A loan is not eligible to be enrolled under this chapter if the loan is for:  (1) Construction or purchase of residential housing;  (2) Simple real estate investments, excluding the development or improvement of commercial real estate occupied by the borrower's business or organization;  (3) Refinancing of existing loans not originally enrolled under this chapter; or  (4) Inside bank transactions, as defined by the department.  (c) The borrower of a capital access loan shall apply the loan to working capital or to the purchase, construction, or lease of capital assets, including buildings and equipment used by the business or nonprofit organization. Working capital uses include the cost of exporting, accounts receivable, payroll, inventory, and other financing needs of the business or organization.  (d) A capital access loan may be sold on the secondary market under conditions as may be determined by the department.  (e) When enrolling a loan in the program, a participating financial institution may specify an amount to be covered under the program that is less than the total amount of the loan. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-6 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-6 Reserve account.

  §211D-6 Reserve account. (a) On approval by the department and after entering into a participation agreement with the department, a participating financial institution making a capital access loan shall establish a reserve account. The reserve account shall be used by the institution only to cover any losses arising from a default of a capital access loan made by the institution under this chapter or as otherwise provided by this chapter.  (b) When a participating financial institution makes a loan enrolled in the program, the institution shall require the borrower to pay to the institution a fee in an amount that is not less than two per cent but not more than three per cent of the principal amount of the loan, which the financial institution shall deposit in the reserve account. The institution shall also deposit in the reserve account an amount equal to the amount of the fee received by the institution from the borrower under this subsection. The institution may recover from the borrower all or part of the amount the institution is required to pay under this subsection in any manner agreed to by the institution and borrower.  (c) For each capital access loan made by a financial institution, the institution shall certify to the department, within the period prescribed by the department, that the institution has made a capital access loan, the amount the institution has deposited in the reserve account, including the amount of fees received from the borrower, and, if applicable, that the borrower is an eligible enterprise zone business located in an area designated as an enterprise zone under chapter 209E.  (d) On receipt of a certification made under subsection (c), the department shall deposit in the institution's reserve account for each capital access loan made by the institution:  (1) An amount equal to the amount deposited by the institution for each loan if the institution:  (A) Has assets of more than $1,000,000,000; or  (B) Has previously enrolled loans in the program that in the aggregate are more than $2,000,000;  (2) An amount equal to one hundred fifty per cent of the total amount deposited under subsection (b) for each loan if the institution is not described by paragraph (1); or  (3) Notwithstanding paragraphs (1) and (2), an amount equal to two hundred per cent of the total amount deposited under subsection (b) for each loan if:  (A) The borrower is an eligible enterprise zone business located in an area designated as an enterprise zone under chapter 209E; or   (B) The borrower is a small or medium-size business or a nonprofit organization that operates or proposes to operate a child care facility or adult residential care home. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-7 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-7 Limitations on state contribution to reserve account.

  §211D-7 Limitations on state contribution to reserve account. (a) The amount deposited by the department into a participating financial institution's reserve account for any single loan recipient may not exceed $100,000 during a three-year period.  (b) The maximum amount the department may deposit into a reserve account for each capital access loan made under this chapter is the lesser of $35,000 or an amount equal to:  (1) Eight per cent of the loan amount if:  (A) The borrower is an eligible enterprise zone business located in an area designated as an enterprise zone under chapter 209E; or  (B) The borrower is a small or medium-size business or a nonprofit organization that operates or proposes to operate a child care facility or adult residential care home; or  (2) Six per cent of the loan amount for any other borrower. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-8 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-8 State's rights with respect to reserve account.

  §211D-8 State's rights with respect to reserve account. (a) All of the money in a reserve account established under this chapter is property of the State.  (b) The State is entitled to earn interest on the amount of contributions made by the department, borrower, and institution to a reserve account under this chapter. The department shall withdraw monthly or quarterly from a reserve account the amount of the interest earned by the State. The department shall deposit the amount withdrawn under this section into the fund.  (c) If the amount in a reserve account exceeds an amount equal to thirty-three per cent of the balance of the financial institution's outstanding capital access loans, the department may withdraw the excess amount and deposit the amount in the fund. A withdrawal of money authorized under this subsection may not reduce an active reserve account to an amount that is less than $200,000.  (d) The department shall withdraw from the institution's reserve account the total amount in the account and any interest earned on the account and deposit the amount in the fund when:  (1) A financial institution is no longer eligible to participate in the program or a participation agreement entered into under this chapter expires without renewal by the department or institution; and  (2) The financial institution has no outstanding capital access loans. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-9 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-9 Annual report.

  §211D-9 Annual report. A participating financial institution shall submit an annual report to the department. The report shall:  (1) Provide information regarding outstanding capital access loans, capital access loan losses, and any other information on capital access loans the department considers appropriate;  (2) State the total amount of loans for which the department has made a contribution from the fund under this chapter;  (3) Include a copy of the institution's most recent financial statement; and  (4) Include information regarding the type and size of businesses and nonprofit organizations with capital access loans. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-10 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-10 Reports; audits.

  §211D-10 Reports; audits. (a) The department shall submit to the legislature an annual status report on the program's activities.  (b) The financial transactions of the fund are subject to audit by the auditor. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-11 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-11 State liability prohibited.

  §211D-11 State liability prohibited. The State is not liable to a participating financial institution for payment of the principal, the interest, or any late charges on a capital access loan made under this chapter. [L 2000, c 290, pt of §2]
HI Rev Stat § 211D-12 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211D. Capital Access Program|211D-12 Gifts and grants.

  §211D-12 Gifts and grants. The department may accept gifts, grants, and donations from any source for the purposes of this chapter. [L 2000, c 290, pt of §2]
HI Rev Stat § 211E-1 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211E. Hawaii Innovation Development Program|211E-1 Definitions.

 §211E-1 Definitions. As used in this chapter:  "Financing" means furnishing risk capital to persons for use in the development or exploitation of specific inventions or products.  "Innovation" means any new product or invention.  "Invention" means any new process or technique for which a patent has been granted; or which in the opinion of the advisory committee, the chance of obtaining a patent thereon is favorable.  "Inventor" means any resident taxpayer subject to the jurisdiction of the laws of the State of Hawaii who develops an innovation.  "Loan" means financing in which the department of business, economic development, and tourism shall prescribe the form of participation under section 211E-2(b) to carry out the purposes of this chapter.  "Product" means any product, device, technique, or process, which is or may be exploitable commercially. This term shall not refer to pure research but shall be construed to apply to such products, devices, techniques, or processes which have advanced beyond the theoretical stage and are readily capable of being, or have been reduced to practice.  "Venture" means, without limitation, any contractual arrangement with any person whereby the investor with risk capital obtain rights from or in an invention or product or proceeds therefrom in exchange for financing such persons. [L Sp 1981 1st, c 8, pt of §2; am L 1987, c 242, §3 and c 336, §7; am L 1990, c 293, §8] Note  Section 211E-2 referred to in the definition of "loan" is repealed.
HI Rev Stat § 211E-2 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211E. Hawaii Innovation Development Program|211E-2 REPEALED.

 §211E-2 REPEALED. L 2003, c 178, §5.
HI Rev Stat § 211E-3 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211E. Hawaii Innovation Development Program|211E-3 Venture capital information center; establishment; duties.

 §211E-3 Venture capital information center; establishment; duties. (a) The department of business, economic development, and tourism shall establish a venture capital information center to promote the development and exploitation of inventions and new products that have direct economic benefits for Hawaii and to facilitate the bringing together of investors desiring to invest money in new products and inventions with inventors and developers of new products seeking financing.  (b) Among other services, the center shall:  (1) Develop a promotional program to generate and attract venture capital to Hawaii;  (2) Provide interested investors with information on prospective inventors, new products, innovations, and inventions;  (3) Maintain a listing of prospective investors, inventors, and developers of new products; and  (4) Provide a referral service to bring together investors with venture capital and inventors or developers seeking financing. [L Sp 1981 1st, c 8, pt of §2; am L 1987, c 336, §7; am L 1990, c 293, §8]
HI Rev Stat § 211E-4 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|211E. Hawaii Innovation Development Program|211E-4 Advisory committee.

 §211E-4 Advisory committee. The director of business, economic development, and tourism may appoint an advisory committee of not more than seven members to advise the director on applications for loans from the [Hawaii innovation development fund]. The members shall serve without pay but may be compensated for travel and per diem. [L Sp 1981 1st, c 8, pt of §2; am L 1987, c 336, §7; am L 1990, c 293, §8] Note  The Hawaii innovation development fund referred to in text is repealed.
HI Rev Stat § 212-1 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-1 "Act of Congress" defined.

 §212-1 "Act of Congress" defined. As used in this chapter, "Act of Congress" means the act of Congress approved June 18, 1934, entitled, "An act to provide for the establishment, operation, and maintenance of foreign-trade zones in ports of entry of the United States, to expedite and encourage foreign commerce, and for other purposes", and the amendments thereto. [L 1963, c 7, §2; Supp, §98T-2; HRS §212-1]
HI Rev Stat § 212-2 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-2 "Public corporation" defined.

 §212-2 "Public corporation" defined. As used in this chapter, "public corporation" means the State of Hawaii, any political subdivision thereof, and municipality therein, or any public agency of the State. [L 1963, c 7, §3; Supp, §98T-3; HRS §212-2]
HI Rev Stat § 212-3 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-3 Designation and approval of governor for application.

 §212-3 Designation and approval of governor for application. Any public corporation which is duly designated and approved by the governor may make application to the Foreign-Trade Zones Board of the United States for the purpose of establishing, operating, and maintaining a foreign-trade zone in accordance with the Act of Congress in any port of entry in the State. [L 1963, c 7, §4; Supp, §98T-4; HRS §212-3]
HI Rev Stat § 212-4 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-4 Grant of authority to governor; rules and regulations.

 §212-4 Grant of authority to governor; rules and regulations. The governor may do all things necessary and proper to carry into effect the establishing, maintaining, and operating of foreign-trade zones, and make such rules and regulations concerning the operation, maintenance, and policing of the zone as may be necessary to comply with the Act of Congress. All rules and regulations established under this chapter shall be adopted and promulgated pursuant to chapter 91. [L 1963, c 7, §5; Supp, §98T-5; HRS §212-4]
HI Rev Stat § 212-5 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-5 Setting aside public lands; lease, license, and permits.

 §212-5 Setting aside public lands; lease, license, and permits. Notwithstanding any law to the contrary, the governor may set aside public lands to a public corporation for the purpose of this chapter and the corporation may, by negotiation and without recourse to public auction, lease, rent, or let the lands or any part thereof or any interest therein, including concessions and concession space, by lease, license, or permit on the terms and conditions set by the corporation. [L 1963, c 7, §6; Supp, §98T-6; HRS §212-5]
HI Rev Stat § 212-5.5 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-5.5 Foreign-trade zone; jurisdiction.

  §212-5.5 Foreign-trade zone; jurisdiction.  Anything to the contrary notwithstanding, the department of business, economic development, and tourism shall have jurisdiction and administrative authority over the area in the vicinity of Piers 1 and 2 currently being used as a foreign-trade zone. This area is defined as all of parcels 2 and 3-A of the Forrest Avenue subdivision, as shown on the map filed in the bureau of conveyances of the State of Hawaii, as file plan 2335, and lot A-1, as shown on map 2, filed in the office of the assistant registrar of the land court of the State of Hawaii with land court application 1328; provided that all existing easements affecting and appurtenant to the parcels to be deleted from the Kakaako community development district boundaries shall not be affected by this change. [L 2006, c 165, §2] Cross References  Honolulu Harbor, Piers 1 and 2; jurisdiction, see §266-1.5.
HI Rev Stat § 212-6 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-6 Establishment, operation, and maintenance of zone.

 §212-6 Establishment, operation, and maintenance of zone. Any public corporation authorized pursuant to this chapter to make an application and whose application is granted pursuant to the terms of the Act of Congress may establish, operate, and maintain the foreign-trade zone:   (1) Subject to the conditions and restrictions of the Act of Congress; [and]  (2) Under the rules and regulations, and for the period of time that may be prescribed by the foreign-trade zones board established by the Act of Congress to carry out the provisions of the Act. [L 1963, c 7, §7; Supp, §98T-7; HRS §212-6] Attorney General Opinions  Application of various state taxes to foreign-trade zone activities. Att. Gen. Op. 64-52.
HI Rev Stat § 212-7 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-7 Powers; indemnity or assurance to the United States and deposits with United States.

 §212-7 Powers; indemnity or assurance to the United States and deposits with United States. If authorized to establish, operate, and maintain a foreign-trade zone, a public corporation may, in addition to its other powers:  (1) Provide for such indemnity or assurance to the United States or its agencies as they may request; [and]  (2) Deposit such sums of money with the United States as the United States or its agencies may request, providing the money is available therefor by direct appropriation or otherwise. [L 1963, c 7, §8; Supp, §98T-8; HRS §212-7]
HI Rev Stat § 212-8 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-8 Exemption from taxes.

 §212-8 Exemption from taxes. Notwithstanding any law to the contrary, sales of all products which are categorized as privileged foreign merchandise, nonprivileged foreign merchandise, domestic merchandise, or zone-restricted merchandise, and which are admitted into a foreign-trade zone, as more specifically set forth in the Act of Congress, and any rules and regulations promulgated thereunder, made directly to any common carrier in interstate or foreign commerce, or both, whether ocean-going or air, for consumption out-of-state by the crew or passengers on the shipper's vessels or airplanes, or for use out-of-state by the vessels or airplanes, shall be exempt from those taxes imposed under chapters 237, 238, 243, 244D, and 245. [L 1967, c 143, §1; HRS §212-8; am L 1985, c 16, §1; am L 1995, c 81, §1]
HI Rev Stat § 212-9 (2021)
2021 Hawaii Revised Statutes|Title 13. Planning and Economic Development|212. Foreign-Trade Zones|212-9 Special fund.

 §212-9 Special fund. There is established in the state treasury a fund to be known as the foreign-trade zones special fund. All fees or other moneys collected under this chapter shall be deposited in this fund. All moneys in the fund are hereby appropriated for the purposes of and shall be expended by the public corporation for the operation, capital improvement, and maintenance of the zone. [L 1971, c 93, §2; am L 1995, c 81, §2]