HI SB704

Allows transient accommodations brokers to register as tax collection agents with the Hawaii Department of Taxation to collect and remit general excise taxes and transient accommodations taxes on behalf of their operators and plan managers.

Registered brokers must notify operators and plan managers that properties must comply with applicable land use laws before listing, and require operators to attest to compliance using specified language.

Brokers assume all tax obligations, rights, and responsibilities for transactions arranged directly through their platform; operators and plan managers are deemed licensed/registered for activities conducted through the broker.

Allocates unspecified amounts of transient accommodations tax revenues to each county for fiscal year 2017-2018 to support compliance and enforcement of the tax.

Act sunsets on December 31, 2022, and applies to taxable years beginning after December 31, 2017.