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.
JON RIKI KARAMATSU 