SB 2816: DBEDT; DOTAX; ENTERPRISE ZONES; INNOVATION ENTERPRISES; COMPREHENSIVE REVIEW; REPORT
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-20
Current Status:
In Progress
(2026-03-16: Bill scheduled to be heard by ECD on Friday, 03-20-26 9:30AM in House conference room 423 VIA VIDEOCONFERENCE.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Expands the definition of "eligible business activity" to include certain research and development activities and information technology design and production services. Authorizes the Department of Business, Economic Development, and Tourism to declare up to two census tracts in the State that contain an innovation enterprise to be designated as an enterprise zone, subject to the Governor's approval. Requires DBEDT to conduct an in-house comprehensive review, in consultation with the Department of Taxation, of the State Enterprise Zones Program established under chapter 209E, HRS. Requires a report to the Legislature. Effective 7/1/2050. (SD1)
Discussed in Hearing
13SECSenate Standing Committee on Judiciary
13SECSenate Standing Committee on Ways and Means
6MINSenate Standing Committee on Education
6MINSenate Standing Committee on Government Operations
6MINSenate Standing Committee on Economic Development and Tourism
6MINSenate Standing Committee on Water, Land, Culture and the Arts
11MINSenate Standing Committee on Education
11MIN