STAND. COM. REP. NO.  80-18

Honolulu, Hawaii

                , 2018

RE:   H.B. No. 1863

      H.D. 2

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

     Your Committee on Economic Development & Business, to which was referred H.B. No. 1863, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENTERPRISE ZONES,"

begs leave to report as follows:

The purpose of this measure is to increase economic development in the State through the promotion of manufacturing by requiring the Governor, upon the recommendation of the Director of Business, Economic Development and Tourism, to designate one area in each county as an enterprise zone dedicated to manufacturing for a period of twenty years.

The Chamber of Commerce Hawaii and a concerned individual testified in support of this measure.  The Department of Business, Economic Development and Tourism testified in support of the intent of this measure.  The Department of Taxation provided comments.

     Your Committee has amended this measure by changing its effective date to July 1, 2112, to facilitate further discussion.

     As affirmed by the record of votes of the members of your Committee on Economic Development & Business that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1863, H.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1863, H.D. 2, and be referred to your Committee on Water & Land.

Respectfully submitted on behalf of the members of the Committee on Economic Development & Business,

____________________________

CINDY EVANS, Chair