STAND. COM. REP. NO. 717

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1226

       S.D. 2

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 1226, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE TOURISM SPECIAL FUND,"

 

begs leave to report as follows:

 

     The purpose of this measure is to change the percentage of the transient accommodations tax that is deposited into the tourism special fund.

 

     More specifically, this measure changes the percentage of the transient accommodations tax that is deposited into the tourism special fund from 34.2 per cent to an unspecified percentage.

 

     Your Committee received fifteen written comments on this measure.  The written comments may be reviewed on the Legislature's website.

 

     Your Committee finds that, in these difficult economic times, many concerns have been raised regarding the availability of funds to support the visitor industry.  In light of these concerns, your Committee has amended this measure by changing the effective date to July 1, 2090, to facilitate further discussion on the measure.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1226, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1226, S.D. 2.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

 

 

____________________________

DONNA MERCADO KIM, Chair