Hawaii Senate Bill SB1093

Hawaii 2022 Regular Session

• Introduced: 1/27/21
• Refer: 1/29/21

Caption

Relating To Section 237d-6.5, Hawaii Revised Statutes.

Impact

If enacted, SB1093 would prioritize certain allocations of the transient accommodations tax, particularly designating funds for state initiatives that protect natural resources important to the visitor industry. It provides a structured distribution model that subsequently impacts local counties and special funds, allowing for more focused management of tourism-related finances and potentially fostering sustainable development practices within the state. In effect, it would facilitate necessary funding while also aiming to enhance the visitor experience in Hawaii.

Summary

Senate Bill 1093 focuses on amending section 237D-6.5 of the Hawaii Revised Statutes, specifically related to the allocation of transient accommodations tax revenues. The bill stipulates a modified distribution framework for these tax revenues, emphasizing the importance of funding for key areas such as environmental conservation and tourism infrastructure. This bill's intent is to ensure that the allocations are effectively addressing the needs of Hawaii's special funds, particularly those that impact tourism and conservation efforts.

Contention

One notable discussion surrounding SB1093 could revolve around the implications for local governments and tourism-related entities that may rely heavily on these tax revenues for operational needs. The balancing act of funding essential conservation efforts versus the immediate financial requirements of county budgets may lead to debates among legislators. As the bill includes a sunset provision that will inherently reassess its effectiveness, constituents may express concerns or support based on the outcomes witnessed during its operation.