HI HR7

Urges the Governor and Legislature to preserve the counties' share of the transient accommodations tax established by Act 185 in 1990.

Requires the state to continue distributing 44.8% of transient accommodations tax revenue to counties: Kauai County (14.5%), Hawaii County (18.6%), City and County of Honolulu (44.1%), and Maui County (22.8%).

Notes that transient accommodations tax revenues represent a significant portion of counties' general fund budgets and enable stable budgeting and planning.

Warns that loss of the current tax allocation would force counties to significantly raise property taxes to maintain essential government services.

Directs transmission of certified copies to the Governor, Hawaii State Association of Counties, and the Mayors of Kauai, Hawaii, Honolulu, and Maui counties.