HOUSE OF REPRESENTATIVES

H.B. NO.

1863

TWENTY-NINTH LEGISLATURE, 2018

H.D. 2

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO ENTERPRISE ZONES.

 

 

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

 


     SECTION 1.  Section 209E-4, Hawaii Revised Statutes, is amended to read as follows:

     "§209E-4  Enterprise zone designation.  (a)  The governing body of any county may apply in writing to the department to have an area declared to be an enterprise zone.  The application shall include a description of the location of the area or areas in question, and a general statement identifying proposed local incentives to complement the state and any federal incentives.

     (b)  The governor, upon the recommendation of the director, shall approve the designation of up to six areas in each county as enterprise zones for a period of twenty years.  Any [such] designated area shall be located in one United States census tract or two or more contiguous United States census tracts in accordance with the most recent decennial United States Census.  The census tract or tracts within which each enterprise zone is located also shall meet at least one of the following criteria:

     (1)  Twenty-five per cent or more of the population have incomes below eighty per cent of the median family income of the county; or

     (2)  The unemployment rate is 1.5 times the state average.

     (c)  In addition to the areas designated pursuant to subsection (b), the governor, upon the recommendation of the director, shall approve the designation of one area in each county as an enterprise zone dedicated to manufacturing for a period of twenty years."

     SECTION 2.  The department of business, economic development, and tourism shall adopt rules pursuant to chapter 91, Hawaii Revised Statutes, by no later than July 1, 2019, to effectuate this Act.

     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  Statutory material to be repealed is bracketed and stricken.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, 2112.



 

Report Title:

Enterprise Zones; Governor; Department of Business, Economic Development, and Tourism; Manufacturing

 

Description:

Authorizes the Governor to designate an enterprise zone dedicated to manufacturing in each county.  (HB1863 HD2)

 

 

 

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