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Bill > SB817


HI SB817

HI SB817
Relating To State Enterprise Zones.


summary

Introduced
01/20/2023
In Committee
03/16/2023
Crossed Over
03/07/2023
Passed
Dead
05/03/2024

Introduced Session

2023 Regular Session

Bill Summary

Amends the definition of "eligible business activity" to include the processing of value-added agricultural products grown within an enterprise zone and the development or production of renewable energy, under certain conditions. Effective 6/30/3000. (HD1)

AI Summary

This bill amends the definition of "eligible business activity" under the state's enterprise zone law to include the processing of value-added agricultural products grown within an enterprise zone and the development or production of renewable energy, provided that the renewable energy demonstrates substantially lower greenhouse gas emissions than fossil fuels. The bill also clarifies that medical cannabis dispensary activities are not considered an eligible business activity for the purposes of the enterprise zone program. The changes made by this bill will take effect on June 30, 3000.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Business and Industry

Sponsors (6)

Last Action

Carried over to 2024 Regular Session. (on 12/11/2023)

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