Bill Text: HI HB1815 | 2024 | Regular Session | Amended


Bill Title: Relating To The Agribusiness Development Corporation.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Engrossed) 2024-03-20 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. [HB1815 Detail]

Download: Hawaii-2024-HB1815-Amended.html

HOUSE OF REPRESENTATIVES

H.B. NO.

1815

THIRTY-SECOND LEGISLATURE, 2024

H.D. 1

STATE OF HAWAII

S.D. 1

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO THE AGRIBUSINESS DEVELOPMENT CORPORATION.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  Section 163D-2, Hawaii Revised Statutes, is amended by amending the definition of "enterprise" to read as follows:

     ""Enterprise" means a business with its principal place of business in Hawaii, which is, or proposes to be, engaged in agricultural crop development, development of new value-added products, enhancement of existing agricultural commodities, and the application of existing agricultural appurtenant facilities to productive uses; provided that the majority of whatever the corporation produces shall be produced for export.  "Enterprise" includes a business engaged in agritourism."

     SECTION 2.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on January 1, 2060.


 


 

Report Title:

Agribusiness Development Corporation; Enterprise; Definition; Agritourism

 

Description:

Includes agritourism in the definition of "enterprise" to authorize the Agribusiness Development Corporation to financially support businesses engaged in agritourism.  Takes effect 1/1/2060.  (SD1)

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

 

 

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