Hawaii SB2012 amends tax disposition to enhance funding for land conservation and rental housing.

Hawaii SB2012 modifies tax disposition to allocate ten percent of collected taxes to the land conservation fund and fifty percent to the rental housing revolving fund. This change aims to bolster funding for land conservation, ensuring protection of natural resources, parks, and open spaces. Simultaneously, it seeks to support the rental housing revolving fund, addressing housing needs. The bill emphasizes the importance of these funds for community resilience, health, and long-term investment in Hawaii's natural capital.

Hawaii SB2012 amends tax disposition to enhance funding for land conservation and rental housing.

Hawaii SB2012 modifies tax disposition to allocate ten percent of collected taxes to the land conservation fund and fifty percent to the rental housing revolving fund. This change aims to bolster funding for land conservation, ensuring protection of natural resources, parks, and open spaces. Simultaneously, it seeks to support the rental housing revolving fund, addressing housing needs. The bill emphasizes the importance of these funds for community resilience, health, and long-term investment in Hawaii's natural capital.