REPORT TITLE:
TAT; Redistribution


DESCRIPTION:
Redistributes the TAT with a larger share to the counties.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        3093
THE SENATE                              S.B. NO.           
TWENTIETH LEGISLATURE, 2000                                
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)  Beginning on January 1, 1999[[],[]] revenues collected
 
 4 under this chapter shall be distributed as follows:
 
 5      (1)  17.3 per cent of the revenues collected under this
 
 6           chapter shall be deposited into the convention center
 
 7           capital and operations special fund established under
 
 8           section 206X-10.5;
 
 9      (2)  37.9 per cent of the revenues collected under this
 
10           chapter shall be deposited into the tourism special
 
11           fund established under section 201B-11;
 
12      (3)  44.8 per cent of the revenues collected under this
 
13           chapter shall be transferred as follows:  Kauai county
 
14           shall receive 14.5 per cent, Hawaii county shall
 
15           receive 18.6 per cent, city and county of Honolulu
 
16           shall receive 44.1 per cent, and Maui county shall
 
17           receive 22.8 per cent.
 
18      Beginning on July 1, 2000, revenues collected under this
 
19 chapter shall be distributed as follows:
 

 
Page 2                                                     3093
                                     S.B. NO.           
                                                        
                                                        


 1      (1)  17.3 per cent of the revenues collected under this
 
 2           chapter shall be deposited into the convention center
 
 3           capital and operations special fund established under
 
 4           section 206X-10.5;
 
 5      (2)  6.0 per cent of the revenues collected under this
 
 6           chapter shall be deposited into the tourism special
 
 7           fund established under section 201B-11;
 
 8      (3)  Of the remaining revenues collected under this chapter,
 
 9           Kauai county shall receive 14.5 per cent, Hawaii county
 
10           shall receive 18.6 per cent, city and county of
 
11           Honolulu shall receive 44.1 per cent, and Maui county
 
12           shall receive 22.8 per cent.
 
13      All transient accommodations taxes shall be paid into the
 
14 state treasury each month within ten days after collection, and
 
15 shall be kept by the state director of finance in special
 
16 accounts for distribution as provided in this subsection."
 
17      SECTION 2.  Statutory material to be repealed is bracketed.
 
18 New statutory material is underscored.
 
19      SECTION 3.  This Act shall take effect on July 1, 2000.
 
20 
 
21                       INTRODUCED BY:  ___________________________