HB 983 Summary

• Amends Section 237D-6.5 of Hawaii Revised Statutes to redistribute state transient accommodations tax revenues, increasing allocation to natural resources protection and management.

• Allocates $10,000,000 to the special land and development fund for protection, preservation, maintenance, and enhancement of natural resources including beaches; planning and construction of facilities; and operation and maintenance costs of public lands.

• Replaces the previous fixed $103,000,000 county allocation with a percentage-based distribution of remaining revenues: Kauai county 14.5%, Hawaii county 18.6%, City and County of Honolulu 44.1%, and Maui county 22.8%.

• Maintains existing allocations for Turtle Bay conservation easement ($1,500,000), convention center enterprise fund ($16,500,000), and tourism special fund ($79,000,000).

• Takes effect January 1, 2020.