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HI SCR3
Concurrent Resolution
AI Summary
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Urges the Governor and Legislature to preserve the counties' share of the transient accommodations tax that was established under Act 185 in 1990.
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Current distribution allocates 44.8% of total 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%).
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States that county shares provide equitable revenue distribution, financial stability for county budgets, and enable improved planning compared to the prior grants-in-aid system.
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Notes that transient accommodations tax revenues represent a significant portion of counties' general fund budgets and that losing this allocation would require counties to significantly increase property taxes.
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Directs certified copies of the resolution be transmitted to the Governor, the Hawaii State Association of Counties, and the Mayors of Kauai, Hawaii, Honolulu, and Maui counties.
Legislative Description
Kauai County Package; Transient Accommodations Tax
Last Action
Referred to PSM/THA, WAM.
2/13/2013