Hawaii HB604 amends tax rates and fund allocations for transient accommodations and farm loans.

Hawaii HB604 modifies the tax rates for transient accommodations, increasing them incrementally from 7.25% to 10.25% over time. It also adjusts the allocation of tax revenues, directing certain funds to special accounts like the Turtle Bay conservation easement special fund and the convention center home receipts fund. The bill further specifies conditions for farm loans, including income requirements and conservation fund allocations.

Hawaii HB604 amends tax rates and fund allocations for transient accommodations and farm loans.

Hawaii HB604 modifies the tax rates for transient accommodations, increasing them incrementally from 7.25% to 10.25% over time. It also adjusts the allocation of tax revenues, directing certain funds to special accounts like the Turtle Bay conservation easement special fund and the convention center home receipts fund. The bill further specifies conditions for farm loans, including income requirements and conservation fund allocations.