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HI HB808
Bill
Status
3/8/2011
Primary Sponsor
Calvin Say
Click for details
AI Summary
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Suspends distribution of conveyance tax revenues to the land conservation fund until after June 30, 2013, citing budget priorities during fiscal crisis.
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Amends Section 173A-5 to delay deposits to the land conservation fund until after June 30, 2013, instead of distributing funds every fiscal year.
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Modifies Section 247-7 to redirect the 10 percent conveyance tax allocation from the land conservation fund to the general fund, effective after June 30, 2013.
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Takes effect on June 30, 2011, creating a temporary suspension period for land conservation funding before distributions resume in fiscal year 2014.
Legislative Description
Conveyance Tax; Land Conservation Fund Distribution Suspension
Last Action
(S) Referred to WLH, WAM.
3/10/2011