Bill > SB729

This bill updates Hawaii's enterprise zone program to expand the types of businesses that can qualify for economic benefits by modifying the definition of "eligible business activity". Specifically, the bill allows local manufacturers to participate in the program even if they sell directly to retail consumers within an enterprise zone, instead of only selling to wholesalers as previously required. The bill also adds two new categories of eligible business activities: processing value-added agricultural products grown within an enterprise zone, and providing professional healthcare services in healthcare-related sectors such as home health care agencies and specialized care practices. The bill defines "tangible personal property" as physical, movable items (excluding electricity, real property, and intellectual property) and aims to modernize the enterprise zone program to better support local businesses, job creation, and economic development. The changes reflect the evolving business landscape and provide more flexibility for local manufacturers and agricultural producers to access economic incentives like permitting assistance, fee waivers, and tax relief within designated enterprise zones.

Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=729&year=2025