HI HB1671

Increases transient accommodations tax revenue allocation to counties from $93,000,000 to $103,000,000 for fiscal years 2014-2015 and 2015-2016, reverting to $93,000,000 thereafter.

Maintains existing county distribution percentages: Kauai County 14.5%, Hawaii County 18.6%, City and County of Honolulu 44.1%, and Maui County 22.8%.

Establishes a state-county functions working group composed of thirteen members to evaluate division of duties between state and counties and recommend appropriate transient accommodations tax revenue allocation.

Requires the working group to submit an interim report by twenty days before the 2015 legislative session and a final report by twenty days before the 2016 legislative session.

Takes effect on July 1, 2014.