HRS §209E-1
Why this law exists
This law says the state wants to help businesses grow in certain areas. It will use flexible rules and tax breaks to encourage investment. The goal is to make neighborhoods better.
everyone
The statute, as written — Purpose
It is declared that the health, safety, and welfare of the people of this State are dependent upon the continual encouragement, development, growth, and expansion of the private sector, and that there are certain areas in the State that need the particular attention of government to help attract private sector investment. Therefore, it is the purpose of this chapter to stimulate business, agricultural, and industrial growth in areas that would result in neighborhood revitalization of those areas by means of regulatory flexibility and tax incentives.
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