REPORT TITLE:
Transient Accommodations Tax


DESCRIPTION:
Reduces the amount of transient accommodations revenue
distributed to the Hawaii tourism authority from 32.9% to 6%.
Increases amount distributed to counties from 44.8% to 76.7%.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        
THE SENATE                              S.B. NO.           1361
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO TRANSIENT ACCOMMODATIONS TAX.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  Section 237D-6.5, Hawaii Revised Statutes, is
 
 2 amended by amending subsection (b) to read as follows:
 
 3      "(b)  For the fiscal year beginning July 1, 1994, and for
 
 4 each fiscal year thereafter, until December 31, 1998, revenues
 
 5 collected under this chapter shall be distributed as follows:
 
 6      (1)  One-sixth of the revenues collected under this chapter
 
 7           shall be deposited into the convention center capital
 
 8           special fund established under section 206X-10.5;
 
 9      (2)  Of the remaining revenues, five per cent shall be
 
10           retained by the State; and
 
11      (3)  Of the remainder, Kauai county shall receive 14.5 per
 
12           cent; Hawaii county shall receive 18.6 per cent; city
 
13           and county of Honolulu shall receive 44.1 per cent; and
 
14           Maui county shall receive 22.8 per cent.
 
15      Beginning on January 1, 1999, revenues collected under this
 
16 chapter shall be distributed as follows:
 
17      (1)  17.3 per cent of the revenues collected under this
 
18           chapter shall be deposited into the convention center
 
19           capital special fund established under section
 

 
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                                     S.B. NO.           1361
                                                        
                                                        

 
 1           206X-10.5;
 
 2      (2)  37.9 per cent of the revenues collected under this
 
 3           chapter shall be deposited into the tourism special
 
 4           fund established under section 201B-11;
 
 5      (3)  44.8 per cent of the revenues collected under this
 
 6           chapter shall be transferred as follows:  Kauai county
 
 7           shall receive 14.5 per cent; Hawaii county shall
 
 8           receive 18.6 per cent, city and county of Honolulu
 
 9           shall receive 44.1 per cent, and Maui county shall
 
10           receive 22.8 per cent.
 
11      Beginning on July 1, 1999, revenues collected under this
 
12 chapter shall be distributed as follows:
 
13      (1)  17.3 per cent of the revenues collected under this
 
14           chapter shall be deposited into the convention center
 
15           capital special fund established under section
 
16           206X-10.5;
 
17      (2)  6.0 per cent of the revenues collected under this
 
18           chapter shall be deposited into the tourism special
 
19           fund established under section 201B-11; and
 
20      (3)  Of the remainder Kauai county shall receive 14.5 per
 
21           cent; Hawaii county shall receive 18.6 per cent, city
 
22           and county of Honolulu shall receive 44.1 per cent, and
 
23           Maui county shall receive 22.8 per cent.
 

 
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                                     S.B. NO.           1361
                                                        
                                                        

 
 1      All transient accommodations taxes shall be paid into the
 
 2 state treasury each month within ten days after collection, and
 
 3 shall be kept by the state director of finance in special
 
 4 accounts for distribution as provided in this subsection."
 
 5      SECTION 2.  New statutory material is underscored.
 
 6      SECTION 3.  This Act shall take effect on July 1, 1999.
 
 7 
 
 8                              INTRODUCED BY:______________________