HI SB1164

Expands the definition of "eligible business activity" within Hawaii's enterprise zone program to include production of electric power from renewable energy as defined in section 269-91, replacing the previous limitation to wind energy only.

Adds seawater air conditioning district cooling project ownership, control, operation, or management as a new eligible business activity within enterprise zones.

Clarifies that general excise tax exemptions for qualified businesses apply notwithstanding section 237-13.5 of state law.

Maintains existing exemption periods of up to 7 years for most eligible businesses and up to 10 years for manufacturing and agricultural production, with tolling provisions for force majeure events.

Effective date of July 1, 2112.