HOUSE OF REPRESENTATIVES

H.B. NO.

584

TWENTY-NINTH LEGISLATURE, 2017

H.D. 1

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO ECONOMIC DEVELOPMENT.

 

 

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

 


     Section 1.  The purpose of this Act is to promote the diversification and development of Hawaii's economy by expanding the types of business activity eligible for participation in Hawaii's enterprise zone program to include production of electricity from a biomass energy facility.

     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 a wind energy facility or biomass energy facility for sale primarily to a public utility company for resale to the public;

provided that medical cannabis dispensary activities pursuant to chapter 329D shall not be considered an eligible business activity for the purposes of this chapter."

     SECTION 3.  New statutory material is underscored.

     SECTION 4.  This Act shall take effect upon its approval.


 


 

Report Title:

Economic Development; Enterprise Zones; Biomass Energy Facility

 

Description:

Expands the types of business activity eligible for participation in Hawaii's enterprise zone program to include production of electricity from a biomass energy facility.  (HB584 HD1)

 

 

 

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