HOUSE OF REPRESENTATIVES |
H.B. NO. |
1815 |
THIRTY-SECOND LEGISLATURE, 2024 |
H.D. 1 |
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STATE OF HAWAII |
S.D. 1 |
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A BILL FOR AN ACT
RELATING TO THE AGRIBUSINESS DEVELOPMENT CORPORATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 163D-2, Hawaii Revised Statutes, is amended by amending the definition of "enterprise" to read as follows:
""Enterprise" means a business with its principal place of business in Hawaii, which is, or proposes to be, engaged in agricultural crop development, development of new value-added products, enhancement of existing agricultural commodities, and the application of existing agricultural appurtenant facilities to productive uses; provided that the majority of whatever the corporation produces shall be produced for export. "Enterprise" includes a business engaged in agritourism."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on January 1, 2060.
Report Title:
Agribusiness Development Corporation; Enterprise; Definition; Agritourism
Description:
Includes agritourism in the definition of "enterprise" to authorize the Agribusiness Development Corporation to financially support businesses engaged in agritourism. Takes effect 1/1/2060. (SD1)
The summary description
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not legislation or evidence of legislative intent.