HI HB1796

Establishes a priority allocation of $82,000,000 annually to the tourism special fund, with inflation adjustments based on the Honolulu consumer price index beginning July 1, 2018

Allocates $1,000,000 from tourism special fund revenues for operation of a Hawaiian center and museum of Hawaiian music and dance at the Hawaii convention center

Allocates 45% of remaining transient accommodations tax revenues to counties (Kauai 14.5%, Hawaii 18.6%, Honolulu 44.1%, Maui 22.8%) and implies 55% to state general fund

Maintains allocations of $26,500,000 to convention center enterprise special fund and $3,000,000 to special land and development fund at current levels

Allocates $1,500,000 to Turtle Bay conservation easement special fund beginning July 1, 2018 for debt service on reimbursable general obligation bonds