HI HB313

Designates all eligible homestead lots awarded under the Hawaiian Homes Commission Act of 1920 as state enterprise zones for a period of 20 years

Exempts businesses on homestead lots from standard enterprise zone requirements, including the 10% employee increase mandate and census tract income/unemployment criteria

Creates simplified eligibility requirements for homestead lot businesses: must begin operations in an eligible business activity and have at least 50% of gross receipts from trade conducted within enterprise zones in the same county

Provides qualified homestead businesses access to enterprise zone benefits including 100% general excise tax exemption, non-refundable income tax credits, priority permit processing, and waived permit fees

Addresses economic disparity where Hawaiian home lands lessees had median household income approximately $8,000 lower than the state median in 2020