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HI SR4
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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Currently 44.8% of total transient accommodations tax revenue 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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Maintains that the county share provides stability to county finances and enables improved budgeting and planning
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Notes that losing the current allocation would require counties to significantly raise property taxes
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Directs certified copies be transmitted to the Governor, 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