HI HB199

Changes transient accommodations tax allocation to counties from fixed dollar amounts to a percentage-based distribution of 44.8% of revenues collected.

Maintains percentage distribution among counties: Kauai County 14.5%, Hawaii County 18.6%, City and County of Honolulu 44.1%, and Maui County 22.8%.

Adds requirement beginning fiscal year 2018-2019 for the state to deposit funds into counties' separate trust funds established under section 87A-42 when counties fail to remit required annual contributions.

Preserves existing allocations to convention center special fund ($26,500,000), tourism special fund ($82,000,000), and Turtle Bay conservation easement fund ($3,000,000).