HI HB1359

Removes the June 30, 2015 expiration date for the additional 2% transient accommodations tax on gross rental proceeds, making the tax rate permanent beginning July 1, 2010.

Amends Section 237D-2(b) of Hawaii Revised Statutes to change the language from "to June 30, 2015" to "and thereafter" for the 2% additional tax rate.

Eliminates sunset and reenactment provisions in Act 61 (2009), Act 103 (2011), and Act 243 (2012) that previously required repeal of related tax provisions on June 30, 2015.

Maintains the base transient accommodations tax rates of 7.25% (effective January 1, 1999) plus the additional 2% tax for a total ongoing rate of 9.25%.

Takes effect upon approval of the bill.