RELATING TO STATE ENTERPRISE ZONES.
What changed between versions
Added specific authorization for the University of Hawaii John A. Burns School of Medicine and the University of Hawaii Cancer Center to be designated as enterprise zones.
Created a new eligibility category for 'affiliated collaborators,' allowing businesses outside the zone to receive tax benefits if they have a binding agreement with a qualified business inside the zone.
Modified the criteria for zone designation to allow areas containing the specified medical centers to qualify even if they do not meet standard poverty or unemployment thresholds.
Added a new legal definition for 'affiliated collaborator' to establish the rules for businesses partnering with zone-based entities.
Updated the list of eligible business activities to explicitly include medical and health care services alongside biotechnology and other sectors.