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HI SB1023
Bill
AI Summary
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Allocates fixed amounts of transient accommodations tax (TAT) revenues to provide funding for the Bernice Pauahi Bishop Museum and Iolani Palace, with specific dollar amounts to be determined.
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Amends section 87A-42 to change references from section 237D-6.5(b)(4) to section 237D-6.5(b) regarding county public employer contributions to pension trust funds.
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Amends section 171-19 to include transient accommodations tax revenues in the special land and development fund, changing the reference from section 237D-6.5(b)(5) to section 237D-6.5(b).
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Restructures the distribution priorities in section 237D-6.5(b) by renumbering provisions and inserting new TAT allocations for Bishop Museum and Iolani Palace as items (1) and (2).
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Effective date of July 1, 2050.
Legislative Description
Relating To Taxation.
Funding
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA with none voting aye with reservations; none voting no (0) and Representative(s) Todd excused (1).
3/19/2021