HI SB648

Allocates additional transient accommodations tax revenues to three neighbor counties beginning July 1, 2018 through December 31, 2030: Kauai receives $9,425,000, Hawaii County receives $12,090,000, and Maui County receives $14,820,000 annually.

Requires counties receiving these additional allocations to expend funds on projects authorized under the county's general plan, development plan, or tourism strategic plan.

Mandates each county submit a report to the legislature at least twenty days before each regular session detailing how allocated funds were expended and which plan authorized the expenditure.

Sunsets on December 31, 2030, with section 237D-6.5(b) of the Hawaii Revised Statutes reverting to its prior form.