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HI SB1295

Bill

Status

Engrossed

3/10/2015

Primary Sponsor

Donovan Cruz

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Amends the definition of "eligible business activity" under Hawaii's enterprise zone tax incentive program to include renewable energy production.

  • Adds solar energy, ocean thermal energy conversion, and hydrogen energy production as qualifying activities for enterprise zone benefits when conducted on Natural Energy Laboratory of Hawaii Authority property.

  • Applies only to new leases executed on or after July 1, 2015 on real property under the control of the Natural Energy Laboratory of Hawaii Authority.

  • Effective date is February 19, 2025.

Legislative Description

Natural Energy Laboratory of Hawaii Authority; Enterprise Zone Incentives; Renewable Energy Technology

Last Action

Conference Committee Meeting will reconvene on Friday 05-01-15 at 4:00PM in Conference Room 423.

5/1/2015

Committee Referrals

Finance3/27/2015
Energy & Environmental Protection3/20/2015
Economic Development & Business3/12/2015
Commerce and Consumer Protection2/18/2015
Government Operations1/29/2015

Full Bill Text

No bill text available