HI SB1183

Extends county surcharge on state tax authority through December 31, 2028 (previously set to expire December 31, 2027) and allows counties that have not yet adopted a surcharge to do so before January 1, 2018.

Increases transient accommodations tax by 1 percentage point to 10.25% from January 1, 2018 through December 31, 2028, with $25 million annually allocated to the New Start Education Special Fund and remaining revenues remitted to qualifying counties for mass transit project capital costs only.

Requires all transient accommodations tax revenues allocated to the City and County of Honolulu be used exclusively for capital costs of a locally preferred alternative mass transit project through December 31, 2028, with prohibitions on operating costs and administrative expenses.

Prohibits counties receiving surcharge revenues from using public funds to reconstruct or redevelop event venues within Hawaii Community Development Authority districts while collecting the surcharge for mass transit purposes.

Establishes the New Start Education Special Fund to receive and disburse allocated transient accommodations tax revenues for the New Start Education program.