Modernizes Hawaii's enterprise zone program to include additional business activities for eligibility.
The bill amends Hawaii's enterprise zone program to expand the types of business activities eligible for benefits. It includes manufacturing of tangible personal property, processing of value-added agricultural products, and professional services by health care professionals. The bill also updates the definition of "eligible business activity" to include genetically-engineered biotechnology products and wind energy production. This change aims to modernize the program to better support local businesses and health care agencies.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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