HI HB833

Amends Section 237D-6.5 of Hawaii Revised Statutes to make permanent the $103,000,000 allocation of transient accommodations tax revenues to counties, removing previous sunset provisions for fiscal years 2014-2015 and 2015-2016.

County distribution percentages remain fixed: Kauai County 14.5%, Hawaii County 18.6%, City and County of Honolulu 44.1%, and Maui County 22.8%.

Preserves existing allocations for convention center enterprise special fund ($26,500,000), tourism special fund ($82,000,000), Turtle Bay conservation easement special fund ($3,000,000), and natural resources/visitor experience fund ($3,000,000).

Maintains provisions allowing counties to offset annual required contributions to employee trust funds from transient accommodations tax revenues beginning fiscal year 2018-2019.

Takes effect upon approval.