Modernizes Hawaii's enterprise zone program to include new business activities and tax benefits.
The bill updates Hawaii's enterprise zone program to include new business activities and tax benefits. It allows local manufacturers selling directly to retail, value-added agriculture products, and professional services by health care professionals to qualify for enterprise zone benefits. It also provides tax relief for qualified businesses, including exemptions from general excise taxes for certain activities. The changes aim to promote job creation and preservation in local communities. The bill takes effect on July 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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