HI HB1257

Amends Hawaii Revised Statutes section 171-19(a) to reference transient accommodations tax revenues from section 237D-6.5(b)(5) instead of (b)(2) for deposit into the special land and development fund.

Modifies section 237D-6.5(b)(5) to allocate $3,000,000 annually from transient accommodations tax revenues to the special land and development fund (instead of excess general fund revenues) for natural resource protection, facility construction and repair, and public lands operation and maintenance.

Requires mutual agreement between the Board of Land and Natural Resources and Hawaii Tourism Authority for expenditure of these funds according to the Hawaii Tourism Authority's long-range strategic plan.

Effective date is July 1, 2020.