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HI SB1295
Bill
Status
3/10/2015
Primary Sponsor
Donovan Cruz
Click for details
AI Summary
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Amends the definition of "eligible business activity" under Hawaii's enterprise zone tax incentive program to include renewable energy production.
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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.
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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.
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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