HI SCR148

Requests the Tax Review Commission to analyze whether the sublease deduction can be applied to hotels in a manner similar to other subleased real estate.

Addresses general excise tax (GET) pyramiding, where the retail tax rate is applied multiple times to the same economic activity before reaching the ultimate consumer.

Notes that the Department of Taxation currently does not allow the sublease deduction to apply to transient accommodations operators, despite room charges representing occupancy of the same real estate as rent paid by operators.

Requires the Tax Review Commission to report its findings and recommendations to the Legislature no later than twenty days prior to the 2017 Regular Session.

Directs transmission of certified copies to the Tax Review Commission Chairperson, Governor, and Director of Taxation.