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HOUSE OF REPRESENTATIVES 1665 <br /> TWENTY-NINTH LEGISLATURE, 2018 H . B . N O. H.D. 1 <br /> STATE OF HAWAII <br /> A BILL FOR AN ACT <br /> RELATING TO THE TRANSIENT ACCOMMODATIONS TAX. <br /> BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII: <br /> 1 SECTION 1. The laws of Hawaii divide the duties and <br /> 2 responsibilities of providing public services between the State <br /> 3 and the counties . The legislature finds that a primary <br /> 4 residential property owner tax credit will encourage home owners <br /> 5 to maintain the property as their primary residence, rather than <br /> 6 convert it to transient accommodations and thereby exacerbate an <br /> 7 already problematic situation. The purpose of this Act is to <br /> 8 allocate transient accommodations tax revenues to the counties <br /> 9 on a reimbursement basis for public services provided and <br /> 10 primary residential property owner tax credits allowed by the <br /> 11 counties. <br /> 12 SECTION 2 . Chapter 235, Hawaii Revised Statutes, is <br /> 13 amended by adding a new section to be appropriately designated <br /> 14 and to read as follows: <br /> 15 "§235- Primar residential •ro•ert owner tax credit. <br /> 16 (a) There shall be allowed to each qualified taxpayer subject <br /> 17 to the tax imposed under this chapter, a primary residential <br /> HB1665 HD1 HMS 2018-1776 <br /> l [fI 1 1 L I VIII I E I Ill.1IlI 11111 IIIA 11 III II��I <br />