Measure Title: RELATING TO STATE ENTERPRISE ZONES.
Report Title: State Enterprise Zones; Qualified Business; Tax Incentives; Eligible Business Activities; Retail Sales; Value-Added Agricultural Products; Health Care Services; Advanced Manufacturing; Cybersecurity
Description: Amends the definition of "eligible business activity" for State Enterprise Zone Program purposes to include retail sales of tangible personal property manufactured and sold in the enterprise zone to the final consumer, the processing of value-added agricultural products grown within an enterprise zone, the provision of professional services by health care professionals in health-care-related sectors, the use of advanced manufacturing to produce products, or the development of cybersecurity technology. Extends the eligibility period of the state business tax credit and general excise tax exemption for qualified businesses within state enterprise zones from 7 years to 9 years. Extends the eligibility period of the general excise tax exemption for qualified businesses within state enterprise zones engaged in the manufacturing of tangible personal property or the producing or processing of agricultural products from 10 years to 12 years. Makes the extension of the state business tax credit eligibility period applicable to taxable years beginning after 12/31/2025. Makes the extension of the general excise tax exemption eligibility period take effect on 1/1/2027. Effective 7/1/3000. (HD1)
Companion:
Package: None
Current Referral: ECD, AGR, FIN
Introducer(s): DECOITE, AQUINO, CHANG, HASHIMOTO, KANUHA, MCKELVEY, Kidani, Wakai
Act:

Sort by DateChamberStatus Text
4/22/2025HReceived notice of Senate conferees (Sen. Com. No. 863).
4/22/2025SSenate Conferees Appointed: DeCoite Chair; Kim, Kanuha Co-Chairs; Awa.
4/4/2025HReceived notice of disagreement (Sen. Com. No. 590).
4/4/2025SSenate disagrees with House amendments.
4/4/2025SReceived from House (Hse. Com. No. 457).
4/3/2025HPassed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.
4/3/2025HReported from FIN (Stand. Com. Rep. No. 1900), recommending passage on Third Reading.
3/28/2025HThe committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hussey, Ward.
3/25/2025HBill scheduled to be heard by FIN on Friday, 03-28-25 3:30PM in House conference room 308 VIA VIDEOCONFERENCE.
3/21/2025HReport adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Garrett, Kapela, Kitagawa, Ward excused (5).
3/21/2025HReported from AGR (Stand. Com. Rep. No. 1407), recommending referral to FIN.
3/19/2025HThe committee on AGR recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 5 Ayes: Representative(s) Kahaloa, Kusch, Lowen, Perruso, Quinlan; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Ward.
3/14/2025HBill scheduled to be heard by AGR on Wednesday, 03-19-25 9:30AM in House conference room 325 VIA VIDEOCONFERENCE.
3/14/2025HRe-referred to ECD, AGR, FIN, referral sheet 23
3/14/2025HPassed Second Reading as amended in HD 1 and referred to the committee(s) on AGR/HLT with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Holt, Iwamoto, Ward excused (4).
3/14/2025HReported from ECD (Stand. Com. Rep. No. 1238) as amended in HD 1, recommending passage on Second Reading and referral to AGR/HLT.
3/12/2025HThe committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Ilagan, Hussey, Tam, Templo, Todd, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Holt.
3/7/2025HBill scheduled to be heard by ECD on Wednesday, 03-12-25 10:00AM in House conference room 423 VIA VIDEOCONFERENCE.
3/6/2025HReferred to ECD, AGR/HLT, FIN, referral sheet 19
3/6/2025HPass First Reading
3/4/2025HReceived from Senate (Sen. Com. No. 93) in amended form (SD 2).
3/4/2025SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2/28/2025S48 Hrs. Notice 03-04-25.
2/28/2025SReported from WAM (Stand. Com. Rep. No. 827) with recommendation of passage on Third Reading, as amended (SD 2).
2/18/2025SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite.
2/14/2025SThe committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference.
2/10/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/10/2025SReported from EDT (Stand. Com. Rep. No. 123) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
1/30/2025SThe committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 3 Aye(s): Senator(s) DeCoite, Wakai, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Fukunaga, Awa.
1/27/2025SThe committee(s) on EDT has scheduled a public hearing on 01-30-25 1:00PM; Conference Room 229 & Videoconference.
1/17/2025SReferred to EDT, WAM.
1/15/2025SIntroduced and passed First Reading.
1/10/2025SPending Introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB125 SD2 HD1

All Versions of this Measure

SB125_HD1 Link to SB125_HD1 .PDF file
SB125_SD1 Link to SB125_SD1 .PDF file
SB125_SD2 Link to SB125_SD2 .PDF file
SB125 Link to SB125 .PDF file

Committee Reports

SB125_SD1_SSCR123_ Link to committee report SB125_SD1_SSCR123_ .PDF file
SB125_SD2_SSCR827_ Link to committee report SB125_SD2_SSCR827_ .PDF file
SB125_HD1_HSCR1238_ Link to committee report SB125_HD1_HSCR1238_ .PDF file
SB125_HD1_HSCR1407_ Link to committee report SB125_HD1_HSCR1407_ .PDF file
SB125_HD1_HSCR1900_ Link to committee report SB125_HD1_HSCR1900_ .PDF file

Testimony

SB125_TESTIMONY_EDT_01-30-25_
SB125_SD1_TESTIMONY_WAM_02-18-25_
SB125_SD2_TESTIMONY_ECD_03-12-25_
SB125_HD1_TESTIMONY_AGR_03-19-25_
SB125_HD1_TESTIMONY_FIN_03-28-25_

Hearing Notices

EDT
1/30/25 1:00P
CR 229 & Videoconference
WAM
2/18/25 10:01A
CR 211 & Videoconference
ECD
3/12/25 10:00A
423 VIA VIDEOCONFERENCE
AGR
3/19/25 9:30A
325 VIA VIDEOCONFERENCE
FIN
3/28/25 3:30P
308 VIA VIDEOCONFERENCE