STAND. COM. REP. NO. 883
Honolulu, Hawaii
, 2015
RE: H.B. No. 197
H.D. 2
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Eighth State Legislature
Regular Session of 2015
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 197, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE TRANSIENT ACCOMMODATIONS TAX,"
begs leave to report as follows:
(1) Removing the dollar amount caps of the Transient Accommodations Tax (TAT) revenues allocated to the counties; and
(2) Allocating to the counties, 44.8 percent of the TAT revenues collected in order for the counties to address visitor industry impacts on county services and tourism-related infrastructure.
Your Committee has amended this measure by:
(1) Changing to an unspecified amount, the percentage of collected TAT revenues that are allocated to the counties to address visitor industry impacts on county services and tourism-related infrastructure;
(2) Changing the effective date to July 1, 2030, to facilitate further discussion; and
(3) Making technical, nonsubstantive amendments for clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 197, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 197, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ SYLVIA LUKE, Chair |
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