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HI HB1359
Bill
Status
1/24/2013
Primary Sponsor
Sylvia Luke
Click for details
AI Summary
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Amends Hawaii Revised Statutes §237D-2 to make permanent the 2% additional transient accommodations tax on gross rental proceeds, removing the June 30, 2015 sunset date and extending it indefinitely.
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Changes the additional tax provision from "to June 30, 2015" to "and thereafter," making the 2% rate permanent rather than temporary.
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Repeals sunset provisions in Act 61 (2009), Act 103 (2011), and Act 243 (2012) that were scheduled to expire on June 30, 2015, eliminating the automatic repeal and reenactment language.
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Ensures revenues collected from the additional transient accommodations tax continue to be deposited into the state's general funds without interruption.
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Takes effect upon approval.
Legislative Description
Taxation; Transient Accommodations Tax; Sunset Provision; Repeal
Last Action
Carried over to 2014 Regular Session.
12/18/2013