Bill Text: HI SB257 | 2016 | Regular Session | Amended
Bill Title: Enterprise Zone; Eligible Business Activity; Aerospace Facility
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: (Introduced - Dead) 2016-01-21 - Re-Referred to PSM/EET, WAM. [SB257 Detail]
Download: Hawaii-2016-SB257-Amended.html
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THE SENATE |
S.B. NO. |
257 |
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TWENTY-EIGHTH LEGISLATURE, 2015 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO ENTERPRISE ZONES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. 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) Research and development activities occurring in an aerospace facility. "Aerospace facility" means a facility that involves work related to aerospace, processing, manufacturing, research, or instructional enterprises for aerospace high technology, commercial or experimental rocketry, satellite, lunar, nextgen avionics, solid waste resource recovery systems, enterprises for the development, processing, or transmission of alternative energy, industrial parks under chapter 206M, retail, including food serving establishments, and wholesale, industry, processing, transportation, or manufacturing enterprises, the primary purpose of which is to serve or provide products to the aerospace high technology enterprises or their employees."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
Report Title:
Enterprise Zone; Eligible Business Activity; Aerospace Facility
Description:
Includes research and development activities occurring at an aerospace facility in the definition of "eligible business activity" relating to enterprise zones. (SD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
