HB604

Hawaii HB604 amends tax rates and distributions for transient accommodations and resort time shares.

Hawaii HB604 modifies the tax rates and distribution of revenues from transient accommodations and resort time shares. It sets specific tax rates for different periods, with increases scheduled for 2018 to 2030. The bill allocates revenues to various funds, including the Turtle Bay conservation easement special fund, the Hawaiian home general loan fund, the tourism emergency special fund, and the mass transit special fund. The tax revenues are to be deposited into the state treasury and distributed according to the specified priorities.