Hawaii HB313 expands the state enterprise zone program to include homestead lots to stimulate economic growth and reduce income disparity.
Hawaii HB313 aims to address income disparity and stimulate economic growth by expanding the state enterprise zone program to include homestead lots. The bill designates eligible homestead lots as enterprise zones, offering incentives such as tax exemptions and priority business permit processing to businesses operating on these lots. The legislation seeks to promote new businesses in areas with high economic need and improve the economic conditions of native Hawaiian communities.
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