Bill Text: HI HB1950 | 2014 | Regular Session | Amended

Hawaii House Bill 1950 (Prior Session Legislation)

HI State Legislature page for HB1950

Bill Title: Seawater Air Conditioning District Cooling Systems; Enterprise Zones

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Enrolled - Dead) 2014-04-25 - Conference Committee Meeting will reconvene on Friday, 04-25-14 at 5:00PM in Conference Room 423. [HB1950 Detail]

Download: Hawaii-2014-HB1950-Amended.html

HOUSE OF REPRESENTATIVES	H.B. NO.	1950
TWENTY-SEVENTH LEGISLATURE, 2014		H.D. 2
STATE OF HAWAII		S.D. 1

A BILL FOR AN ACT

RELATING TO SEAWATER AIR CONDITIONING.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. The legislature finds that seawater air conditioning district cooling systems help to reduce the State's dependence on fossil fuels and help its economy. A seawater air conditioning district cooling system can potentially reduce Hawaii's dependence on imported oil.

A seawater air conditioning project will generate millions of dollars in construction project spending and create a significant amount of long-term, gainful employment. In addition, other local economic development benefits will accrue from money that stays in the State and is not exported outside the State to purchase oil.

The purpose of this Act is to assist seawater air conditioning district cooling systems by allowing the systems to benefit from the State's enterprise zones program.

SECTION 2. Section 209E-2, Hawaii Revised Statutes, is amended by amending the definition of "eligible business activity" to read as follows:

""Eligible business activity" means the:

(1) Manufacture of tangible personal property, the wholesale sale of tangible personal property as described in section 237-4, or a service business as defined in this section;

(2) Production of agricultural products where the business is a producer as defined in section 237-5, or the processing of agricultural products, all or some of which were grown within an enterprise zone;

(3) Research, development, sale, or production of all types of genetically-engineered medical, agricultural, or maritime biotechnology products; [or]

(4) Production of electric power from wind energy for sale primarily to a public utility company for resale to the public[.]; or

(5) Production of air conditioning from a seawater air conditioning cooling system within an area or district designated as an enterprise zone."

SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 4. This Act shall take effect on July 1, 2050.

Report Title:

Seawater Air Conditioning District Cooling Systems; Enterprise Zones

Description:

Allows the production of air conditioning in an area or district from a seawater air conditioning cooling system to benefit as an "eligible business activity" under the State's enterprise zones program. Effective 7/1/2050. (SD1)

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.