Bill > SB729

This bill modernizes Hawaii's Enterprise Zone program by expanding the definition of "eligible business activity" to include three new categories of economic activities. First, the bill allows local manufacturers to qualify for enterprise zone benefits when they sell tangible personal property directly to retail consumers within the enterprise zone, which addresses changing business models that no longer rely solely on wholesale distribution. Second, the bill expands agricultural eligibility to include processing of value-added agricultural products grown within an enterprise zone, potentially supporting more diverse agricultural businesses. Third, the bill adds professional services provided by healthcare professionals in health-related sectors, such as home health care agencies and specialized care practices, as a qualifying activity. The bill also provides a new definition for "tangible personal property" as physical items that can be touched and relocated, excluding electricity, real property, and intellectual property. These changes aim to stimulate business growth, preserve and create jobs, and provide more flexible economic development opportunities in designated enterprise zones, ultimately supporting local businesses and families in Hawaii.

Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=729&year=2026