Current through November, 2024
Section 15-6-3 - Eligibility criteria for zone nomination(a) To be designated as an enterprise zone, a proposed area shall be located within one United States census tract or two or more contiguous United States census tracts in accordance with the most recent decennial United States Census. The census tract or tracts within which each enterprise zone is located also shall meet at least one of the following requirements: (1) At least twenty-five per cent of the population of each census tract shall have a median family income below eighty per cent of the median family income of the county in which the census tract is located; or(2) The unemployment rate in each census tract shall be at least 1.5 times the state average unemployment rate.[Eff 11/3/90; am and comp2/28/2015] (Auth: HRS § 209E-8) (Imp: HRS § 209E-4)