RES 525 Draft 01 2016-2018 - Laserfiche WebLink

Home

.'JMtY,OF q,�,, COUNTY OF HAWAII - STATE OF HAWAII ' art pFN►�- RESOLUTION NO. 52S 18 A RESOLUTION URGING THE HAWAII STATE LEGISLATURE NOT TO PASS HOUSE BILL NO. 1665,H.D. 1, RELATING TO THE TRANSIENT ACCOMMODATION TAX. WHEREAS, the purpose of H.B.No. 1665 was to amend the amount of transient accommodations tax revenues allocated to the counties from a specified sum to a percentage of the revenues collected; and WHEREAS, at its hearing on the measure held on February 6, 2018, the House Tourism Committee substantially amended H.B. No. 1665; and WHEREAS, H.B. No. 1665, H.D. 1, proposes to change the method of allocating transient accommodations tax revenues to counties to one based on reimbursements to a county for specified public services rendered by the county and the amount of the tax credits under a primary residential property owner tax credit program; and WHEREAS, H.B. No. 1665, H.D. 1, also proposes to create a tax credit program for primary residential property owners who do not provide transient accommodations; and WHEREAS, H.B.No. 1665, H.D. 1, also proposes to cap the amount that a particular county may receive in reimbursements; and WHEREAS, at its hearing on February 16, 2018, the House Finance Committee recommended that H.B. No. 1665, H.D. 1, be passed on Third Reading, unamended, and referred the measure to the Senate; now, therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII, that it strongly opposes H.B. No. 1665, H.D. 1, Relating to the Transient Accommodations Tax.