Daily Archives: March 7, 2004

Representative Jon Riki Karamatsu
Third Reading House Floor Remarks Inserted Into the Journal
House Bill 2322, House Draft 1
Relating to the Issuance of Special Purpose Revenue Bonds to Assist Processing Enterprises
March 5, 2004

Mr. Speaker, I rise in support.

This bill would authorize the issuance of special purpose revenue bonds for the purpose of assisting Aloun Farms, a Hawaii corporation, in building an agricultural processing plant. I support Aloun Farms in its efforts to promote diversified agriculture and events that help raise community awareness of farming. Thank you.

Representative Jon Riki Karamatsu
Third Reading House Floor Remarks Inserted Into the Journal
House Bill 2784, House Draft 1
Relating to State Enterprise Zones
March 4, 2004

Mr. Speaker, I rise in support.

House Bill 2784, House Draft 1 would amend the eligibility requirements for the State Enterprize Zone Program to allow more agricultural businesses the opportunity to participate. The bill extends the seven-year eligibility period by the number of months of the duration of a force majeure event to allow agricultural businesses to recover, and makes revenue growth criteria an option for agricultural businesses that cannot meet employment growth goals. This measure will help foster growth in Hawaii's agricultural industry. Thank you.