HI SB3027

Establishes "energy zones" in Hawaii that can be designated by the energy resources coordinator and approved by the governor, with up to six zones allowed per county for a 20-year period.

Energy zones must be located in one or more contiguous U.S. census tracts and meet criteria including: 25% or more population below 80% of median county income, unemployment rate 1.5 times the state average, or high-density energy-intensive production areas.

Provides state business tax credits to qualified renewable energy businesses in energy zones, with credits declining from 80% of taxes owed in year one to 20% in year seven.

Exempts qualified businesses from general excise taxes on gross proceeds from eligible business activities and provides unemployment tax credits of 80% in year one declining to 20% in year seven.

Allows counties to offer local incentives including reduced permit fees, user fees, real property taxes, and regulatory flexibility such as special zoning districts and permit process reform.