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HI HCR8
Concurrent Resolution
Status
1/27/2011
Primary Sponsor
Calvin Say
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AI Summary
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Urges the Governor to preserve the counties' share of the transient accommodations tax (TAT) established by Act 185 (1990)
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Currently 44.8% of total state TAT collected is distributed to counties: Kauai County (14.5%), Hawaii County (18.6%), City and County of Honolulu (44.1%), and Maui County (22.8%)
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TAT revenue comprises significant portions of county general fund budgets: Kauai (7.8%), Hawaii County (5.5%), Maui (3.9%), and Honolulu (3.2%)
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Maintaining the current TAT allocation enables counties to provide essential government services and maintain budgeting stability; losing it would require counties to significantly raise property taxes
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Directs transmission of certified copies to the Governor, Hawaii State Association of Counties, and the four county Mayors
Legislative Description
Preserve the Counties' Share of TAT
Last Action
(H) Report adopted; referred to the committee(s) on FIN with none voting no and Representative(s) Cabanilla, Carroll, Ching, C. Lee, Mizuno, Morita, M. Oshiro, Saiki, Souki, Takumi, Thielen excused.
3/3/2011