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HI SR3
Resolution
AI Summary
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Urges the Governor and Legislature to preserve the counties' share of the transient accommodations tax established by Act 185 in 1990.
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Confirms that 44.8 percent of total transient accommodations tax collected by the State is currently 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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States that transient accommodations tax revenues represent a significant portion of counties' general fund budgets and enable financial stability for budgeting and planning.
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Notes that reducing the counties' tax allocation would force counties to significantly raise property taxes to maintain essential government services.
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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