Bill Text: HI HB2314 | 2012 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Transient Accommodations Tax; Convention Center Enterprise Special Fund

Spectrum: Partisan Bill (Democrat 9-0)

Status: (Passed) 2012-07-10 - (S) Act 243, 7/6/2012 (Gov. Msg. No. 1346). [HB2314 Detail]

Download: Hawaii-2012-HB2314-Amended.html

 

 

STAND. COM. REP. NO.  447-12

 

Honolulu, Hawaii

                , 2012

 

RE:   H.B. No. 2314

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Tourism, to which was referred H.B. No. 2314 entitled:

 

"A BILL FOR AN ACT RELATING TO THE TRANSIENT ACCOMMODATIONS TAX,"

 

begs leave to report as follows:

 

     The purpose of this measure is to maintain an accurate account of funds allocated to the Convention Center Enterprise Special Fund by distributing transient accommodations tax revenues on a fiscal year basis.

 

     The Hawaii Tourism Authority testified in support of this measure. The Department of Taxation, Department of Budget and Finance, and Tax Foundation of Hawaii provided comments.

 

     Your Committee recognizes the concern raised by the Department of Taxation regarding this measure.  The Department of Taxation is in support of allocating funds to the Convention Center Enterprise Special Fund on a fiscal year basis.  However, they also provided suggested language for amendments to ensure consistency within Chapter 237D-6.5, Hawaii Revised Statutes.

 

     As affirmed by the record of votes of the members of your Committee on Tourism that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2314 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

 

Respectfully submitted on behalf of the members of the Committee on Tourism,

 

 

 

 

____________________________

TOM BROWER, Chair

 

 

 

 

 

feedback