STAND. COM. REP. NO. 217-16
Honolulu, Hawaii
, 2016
RE: H.B. No. 1554
H.D. 1
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Eighth State Legislature
Regular Session of 2016
State of Hawaii
Sir:
Your Committee on Tourism, to which was referred H.B. No. 1554 entitled:
"A BILL FOR AN ACT RELATING TO TRANSIENT ACCOMMODATIONS TAX,"
begs leave to report as follows:
(1) $82,000,000 for the Tourism Special Fund, with the amount to increase with the consumer price index;
(2) $26,500,000 for the Convention Center Enterprise Special Fund;
(3) $3,000,000 for the Special Land and Development Fund;
(4) $1,500,000 for the Turtle Bay Conservation Easement Special Fund; and
(5) Of the remaining revenues, 55 percent shall be allocated to the State general fund, and 45 percent shall be allocated to the counties (with no dollar cap) as follows:
(A) Kauai County, 14.5 percent (of the 45 percent);
(B) Hawaii County, 18.6 percent;
(C) City and County of Honolulu, 44.1 percent; and
(D) Maui County, 22.8 percent.
Your Committee has amended this measure by changing its effective date to July 1, 2120, to promote further discussion.
As affirmed by the record of votes of the members of your Committee on Tourism that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1554, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1554, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Tourism,
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____________________________ TOM BROWER, Chair |
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