HOUSE OF REPRESENTATIVES	H.B. NO.	2426
TWENTY-FIFTH LEGISLATURE, 2010
STATE OF HAWAII

A BILL FOR AN ACT

relating to State enterprise zones.

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

    SECTION 1.  Section 209E-2, Hawaii Revised Statutes, is amended by amending the definition of "eligible business activity" to read as follows:

     ""Eligible business activity" means the:

     (1)  Manufacture of tangible personal property, the wholesale sale of tangible personal property as described in section 237-4, or a service business as defined in this section;

     (2)  Production of agricultural products where the business is a producer as defined in section 237-5, or the processing of agricultural products, all or some of which were grown within an enterprise zone;

     (3)  Research, development, sale, or production of all types of genetically-engineered medical, agricultural, or maritime biotechnology products; or

     (4)  Production of electric power from wind energy or solar energy for sale primarily to a public utility company for resale to the public."

     SECTION 2.  New statutory material is underscored.

     SECTION 2.  This Act shall take effect upon its approval.

INTRODUCED BY:

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Report Title:

State Enterprise Zones; Eligible Business Activity; Solar Energy

Description:

Adds solar energy to the definition of eligible business activities within a state enterprise zone.

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