STAND. COM. REP. NO. 1154

Honolulu, Hawaii

, 2023

RE: H.B. No. 852

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 852, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO STATE ENTERPRISE ZONES,"

begs leave to report as follows:

The purpose of this measure is to expand the types of business activity eligible for participation in Hawaii's Enterprise Zone Program to include the processing of value-added agricultural products grown within an enterprise zone and the development or production of renewable energy.

Your Committee received testimony in support of this measure from the Department of Business, Economic Development, and Tourism; Ulupono Initiative; Hawaiian Electric; Hawai‘i Farm Bureau; Hawaii Food Industry Association; Hawaii Clean Power Alliance; and Hawai‘i Gas. Your Committee received comments on this measure from the Department of Agriculture and Tax Foundation of Hawaii.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 852, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair