Bill Text: HI SB2020 | 2014 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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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-Introduced.html

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THE SENATE	S.B. NO.	2020
TWENTY-SEVENTH LEGISLATURE, 2014
STATE OF HAWAII

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, import and export 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; established; boundaries.  In accordance with the requirements of chapter 212, there is established an agricultural foreign-trade zone.  The agricultural foreign-trade zone shall be restricted to the parcels of land identified by the following tax map keys:  7-1-002-099, 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 shall apply to all businesses operating within the agricultural foreign-trade zone whose services relate to agriculture."

     SECTION 2.  This Act shall take effect upon its approval.

 

INTRODUCED BY:	_____________________________

 

 

Report Title:

Agricultural Foreign-Trade Zone; Economic Development; Establishment

 

Description:

Establishes an agricultural foreign-trade zone; specifies boundaries, jurisdiction, and benefits.

 

 

 

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