[§211F-5.7]  Hydrogen investmentcapital special fund.  (a)  There shall be established the hydrogeninvestment capital special fund, into which shall be deposited:

(1)  Appropriations made by the legislature to thefund;

(2)  All contributions from public or privatepartners;

(3)  All interest earned on or accrued to moneysdeposited in the special fund; and

(4)  Any other moneys made available to the specialfund from other sources.

(b)  Moneys in the fund shall be used to:

(1)  Provide seed capital for and venture capitalinvestments in private sector and federal projects for research, development,testing, and implementation of the Hawaii renewable hydrogen program, as setforth in section 196-10; and

(2)  For any other purpose deemed necessary to carryout the purposes of section 196‑10. [L 2006, c 240, §7]