Bill Text: HI SB2020 | 2014 | Regular Session | Amended
Bill Title: Agricultural Foreign-trade Zone; Economic Development; Establishment
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Engrossed - Dead) 2014-03-14 - The committee(s) on EDB/AGR recommend(s) that the measure be deferred. [SB2020 Detail]
Download: Hawaii-2014-SB2020-Amended.html
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THE SENATE |
S.B. NO. |
2020 |
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TWENTY-SEVENTH LEGISLATURE, 2014 |
S.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO ECONOMIC DEVELOPMENT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The Hawaii Revised Statutes is amended by adding a new chapter to be appropriately designated and to read as follows:
"Chapter
Agricultural foreign-trade zone
§ -1 Purpose. An agricultural foreign-trade zone can assist businesses with warehouse savings, the importing and exporting of resources, manufacturing incentives, and export financing. Foreign-trade zones are intended to make United States companies more competitive globally by offsetting customs advantages available to overseas producers that compete with the domestic industry.
§ -2 Agricultural foreign-trade zone; establishment; boundaries. In accordance with the requirements of sections 212-3 and 212-4, the governor may do all things necessary and proper to carry into effect the establishing, maintaining, and operating of an agricultural foreign-trade zone; provided that the agricultural foreign-trade zone shall be restricted to the parcels of land identified by the following tax map keys: 7-1-002: 009, 7-1-002: 023, and 7-1-002: 004.
§ -3 Jurisdiction. Any law to the contrary notwithstanding, the foreign-trade zone division of the department of business, economic development, and tourism shall have jurisdiction and administrative authority over the area described in section -2 being used as a foreign-trade zone.
§ -4 Benefits. The foreign-trade zone benefits made available under chapter 212 shall apply to all businesses operating within the agricultural foreign-trade zone whose services relate to agriculture."
SECTION 2. This Act shall take effect on July 1, 2050.
Report Title:
Agricultural Foreign-trade Zone; Economic Development; Establishment
Description:
Establishes an agricultural foreign-trade zone; specifies boundaries, jurisdiction, and benefits. Effective 07/01/2050. (SD2)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
