STAND. COM. REP. NO.  258

 

Honolulu, Hawaii

                , 2011

 

RE:   H.B. No. 1285

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committees on Tourism and Economic Revitalization & Business, to which was referred H.B. No. 1285 entitled:

 

"A BILL FOR AN ACT RELATING TO THE TRANSIENT ACCOMMODATIONS TAX,"

 

beg leave to report as follows:

 

     The purpose of this bill is to authorize the allocation of a portion of transient accommodations tax (TAT) revenues, remaining in the general fund after allocations are made to certain special funds and the counties, to the Department of Budget, Economic Development, and Tourism (DBEDT) for its operating budget.

 

     The amount of TAT revenues earmarked for DBEDT under this measure would be capped at $12,000,000.

 

     DBEDT supported the intent of this bill.  The Department of Taxation opposed this measure.  The Department of Budget and Finance and Hawaii Tourism Authority provided comments.

 

     Your Committees have amended this bill by changing its effective date to July 1, 2112, to encourage further discussion.


     As affirmed by the records of votes of the members of your Committees on Tourism and Economic Revitalization & Business that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 1285, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 1285, H.D. 1, and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committees on Tourism and Economic Revitalization & Business,

 

 

____________________________

ANGUS L.K. MCKELVEY, Chair

 

____________________________

TOM BROWER, Chair