SUBJECT:  INCOME, GENERAL EXCISE, UNEMPLOYMENT, Add to eligible Enterprise Zones including collaborators with John A. Burns School of Medicine

BILL NUMBER: HB 2141, SB 2816

INTRODUCED BY:  HB by ILAGAN, GARCIA, GEDEON, ICHIYAMA, KAHALOA, KAPELA, KILA, KUSCH, MARTEN, MATSUMOTO, MORIKAWA, REYES ODA, SAYAMA, SHIMIZU, SOUZA, TAKAYAMA, TEMPLO; SB by MORIWAKI, HASHIMOTO, LAMOSAO, San Buenaventura

EXECUTIVE SUMMARY: Increases the number of enterprise zones that may be nominated by each county. Authorizes enterprise zone designation for census tracts that contain the University of Hawaiʻi John A. Burns School of Medicine and the University of Hawaiʻi Cancer Center. Allow businesses not established in an enterprise zone to qualify for enterprise zone benefits; provided that they have entered into a binding collaboration or contract with a business that is established in the census tract that contains the University of Hawaiʻi John A. Burns School of Medicine or the University of Hawaiʻi Cancer Center.

Continue reading HB 2141, SB 2816 →

SUBJECT:  INCOME, GENERAL EXCISE, UNEMPLOYMENT, Add to eligible Enterprise Zones including collaborators with John A. Burns School of Medicine

BILL NUMBER: HB 2141, SB 2816

INTRODUCED BY:  HB by ILAGAN, GARCIA, GEDEON, ICHIYAMA, KAHALOA, KAPELA, KILA, KUSCH, MARTEN, MATSUMOTO, MORIKAWA, REYES ODA, SAYAMA, SHIMIZU, SOUZA, TAKAYAMA, TEMPLO; SB by MORIWAKI, HASHIMOTO, LAMOSAO, San Buenaventura

EXECUTIVE SUMMARY: Increases the number of enterprise zones that may be nominated by each county. Authorizes enterprise zone designation for census tracts that contain the University of Hawaiʻi John A. Burns School of Medicine and the University of Hawaiʻi Cancer Center. Allow businesses not established in an enterprise zone to qualify for enterprise zone benefits; provided that they have entered into a binding collaboration or contract with a business that is established in the census tract that contains the University of Hawaiʻi John A. Burns School of Medicine or the University of Hawaiʻi Cancer Center.

Continue reading HB 2141, SB 2816 →

SUBJECT:  INCOME, GENERAL EXCISE, UNEMPLOYMENT, Add to eligible Enterprise Zones including collaborators with John A. Burns School of Medicine

BILL NUMBER: HB 2141, SB 2816

INTRODUCED BY:  HB by ILAGAN, GARCIA, GEDEON, ICHIYAMA, KAHALOA, KAPELA, KILA, KUSCH, MARTEN, MATSUMOTO, MORIKAWA, REYES ODA, SAYAMA, SHIMIZU, SOUZA, TAKAYAMA, TEMPLO; SB by MORIWAKI, HASHIMOTO, LAMOSAO, San Buenaventura

EXECUTIVE SUMMARY: Increases the number of enterprise zones that may be nominated by each county. Authorizes enterprise zone designation for census tracts that contain the University of Hawaiʻi John A. Burns School of Medicine and the University of Hawaiʻi Cancer Center. Allow businesses not established in an enterprise zone to qualify for enterprise zone benefits; provided that they have entered into a binding collaboration or contract with a business that is established in the census tract that contains the University of Hawaiʻi John A. Burns School of Medicine or the University of Hawaiʻi Cancer Center.

Continue reading HB 2141, SB 2816 →

SUBJECT: GENERAL EXCISE, NET INCOME, UNEMPLOYMENT, Extend Qualification Period for State Enterprise Zones

BILL NUMBER: SB 125 SD 2 HD 1

INTRODUCED BY: House Committee on Agriculture & Food Systems

EXECUTIVE SUMMARY: Amends the definition of “eligible business activity” for State Enterprise Zone Program purposes to include retail sales of tangible personal property manufactured and sold in the enterprise zone to the final consumer, the processing of value-added agricultural products grown within an enterprise zone, the provision of professional services by health care professionals in health-care-related sectors, the use of advanced manufacturing to produce products, or the development of cybersecurity technology. Extends the eligibility period of the state business tax credit and general excise tax exemption for qualified businesses within state enterprise zones from 7 years to 9 years. Extends the eligibility period of the general excise tax exemption for qualified businesses within state enterprise zones engaged in the manufacturing of tangible personal property or the producing or processing of agricultural products from 10 years to 12 years. Continue reading SB 125 SD 2 HD 1 →

SUBJECT: GENERAL EXCISE, NET INCOME, UNEMPLOYMENT, Extend Qualification Period for State Enterprise Zones

BILL NUMBER: SB 125 SD 2 HD 1

INTRODUCED BY: House Committee on Economic Development & Technology

EXECUTIVE SUMMARY: Amends the definition of “eligible business activity” for State Enterprise Zone Program purposes to include retail sales of tangible personal property manufactured and sold in the enterprise zone to the final consumer, the processing of value-added agricultural products grown within an enterprise zone, the provision of professional services by health care professionals in health-care-related sectors, the use of advanced manufacturing to produce products, or the development of cybersecurity technology. Extends the eligibility period of the state business tax credit and general excise tax exemption for qualified businesses within state enterprise zones from 7 years to 9 years. Extends the eligibility period of the general excise tax exemption for qualified businesses within state enterprise zones engaged in the manufacturing of tangible personal property or the producing or processing of agricultural products from 10 years to 12 years. Continue reading SB 125 SD 2 HD 1 →

SUBJECT: GENERAL EXCISE, NET INCOME, UNEMPLOYMENT, Extend Qualification Period for State Enterprise Zones

BILL NUMBER: SB 125 SD 2

INTRODUCED BY: Senate Committee on Ways and Means

EXECUTIVE SUMMARY: Amends the definition of “eligible business activity” for Enterprise Zone Program purposes to include retail sales of tangible personal property manufactured and sold in the enterprise zone that is to be used or consumed by the purchaser and not for resale, the processing of value-added agricultural products grown within an enterprise zone, and the provision of professional services by health care professionals in health-care related sectors. Extends the eligibility period of the State business tax credit and general excise tax exemption for qualified businesses within State Enterprise Zones from seven years to nine years. Extends the eligibility period of the State business tax credit and general excise tax exemption for qualified businesses within State Enterprise Zones engaged in the manufacturing of tangible personal property or the producing or processing of agricultural products from ten years to twelve years. Continue reading SB 125 SD 2 →

SUBJECT: GENERAL EXCISE, NET INCOME, UNEMPLOYMENT, Extend Qualification Period for State Enterprise Zones

BILL NUMBER: SB 125 SD 1

INTRODUCED BY: Senate Committee on Economic Development and Tourism

EXECUTIVE SUMMARY: Amends the definition of “eligible business activity” for Enterprise Zone Program purposes to include retail sales of tangible personal property manufactured and sold in the enterprise zone that is to be used or consumed by the purchaser and not for resale, the processing of value-added agricultural products grown within an enterprise zone, and the provision of professional services by health care professionals in health-care related sectors. Extends the eligibility period of the State business tax credit and general excise tax exemption for qualified businesses within State Enterprise Zones from seven years to nine years. Extends the eligibility period of the State business tax credit and general excise tax exemption for qualified businesses within State Enterprise Zones engaged in the manufacturing of tangible personal property or the producing or processing of agricultural products from ten years to twelve years. Continue reading SB 125 SD 1 →