Hawaii HB2141 amends the State Enterprise Zones program to incentivize business growth and job creation in designated zones.

Hawaii HB2141 modifies the State Enterprise Zones program to stimulate business activity and job growth in specific areas. The bill authorizes the designation of census tracts on state lands containing innovation centers, including the University of Hawaii John A. Burns School of Medicine and the University of Hawaii Cancer Center. Qualified businesses in these zones receive benefits such as state tax credits and tax waivers. The bill also allows businesses not established in an enterprise zone to qualify for benefits if they collaborate with a business in the zone.

Hawaii HB2141 amends the State Enterprise Zones program to incentivize business growth and job creation in designated zones.

Hawaii HB2141 modifies the State Enterprise Zones program to stimulate business activity and job growth in specific areas. The bill authorizes the designation of census tracts on state lands containing innovation centers, including the University of Hawaii John A. Burns School of Medicine and the University of Hawaii Cancer Center. Qualified businesses in these zones receive benefits such as state tax credits and tax waivers. The bill also allows businesses not established in an enterprise zone to qualify for benefits if they collaborate with a business in the zone.