S.B. 1300 Summary

• Amends Section 237D-6.5 of Hawaii Revised Statutes to modify the distribution of transient accommodations tax (hotel tax) revenues among various state funds.

• Removes the fixed $3,000,000 allocation to the special land and development fund and replaces it with a blank amount to be determined, allowing for an increased allocation to fund conservation and natural resource protection.

• Specifies that special land and development fund revenues must be expended for protection and preservation of natural resources including beaches, construction and repair of public facilities, and operation and maintenance of public lands related to visitor experiences.

• Takes effect on July 1, 2017.