Bill Text: HI SB613 | 2013 | Regular Session | Introduced
Bill Title: Enterprise Zones; Limitation of Incentives
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Introduced - Dead) 2013-01-22 - Referred to ENE/EGH/AGL, WAM. [SB613 Detail]
Download: Hawaii-2013-SB613-Introduced.html
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THE SENATE |
S.B. NO. |
613 |
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TWENTY-SEVENTH LEGISLATURE, 2013 |
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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:
""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; provided that production or processing of agricultural products that are genetically engineered and not for direct human consumption as food shall not be an eligible business activity;
(3) Research, development, sale, or production of all types of genetically-engineered medical, agricultural, or maritime biotechnology products; provided that research, development, sale, or production of agricultural products that are genetically engineered and not for direct human consumption as food shall not be an eligible business activity; or
(4) Production of electric power from wind energy for sale primarily to a public utility company for resale to the public."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2013.
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INTRODUCED BY: |
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Report Title:
Enterprise Zones; Limitation of Incentives
Description:
Makes the research, development, sale, production, or processing of genetically engineered agricultural products not for direct human consumption as food ineligible for tax and other incentives granted to certain businesses located in enterprise zones.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
