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HomeMy WebLinkAbout2017-03-30 Letter to Luke, Cullen re SB 1290 HD1 - Relating to Transient Accommodations Tax - TAT (2) March 30, 2017 Dear Chair Luke, Vice Chair Cullen, and Members of the Committee on Finance: RE: Comments on SB1290, HD1 Relating to the Transient Accommodations Tax. The Hawaii Council of Mayors (HCOM) urges the restoration of the provisions from SB1290 SD2 that increases the allocation of transient accommodations tax (TAT) revenues to the counties to a minimum of $108,000,000 to be shared at the current split. According to the Auditor's State-County Functions Working Group December 2015 Report, the counties spent approximately $236 million on visitor-related expenses and this number continues to grow. The visitor industry is particularly important for Kauai and Maui counties, where on any given day, one in four persons is a visitor, but all the counties spend significant amounts on visitor-related expenses. The $93,000,000 constitutes less than forty percent of the counties' total visitor-related expenditures. HCOM urges you to recognize the counties' efforts toward ensuring that Hawaii remains a world-class visitor destination by increasing the counties' share of the TAT to a minimum $108,000,000 or removing the cap. Thank you for your consideration of this testimony. Sincerely, Harry Kim, Mayor Kirk Caldwell, Mayor County of Hawaii City and County of Honolulu Bernard Carvalho, Jr., Mayor Alan Arakawa, Mayor County of Kauai County of Maui Mayor William Kenoi Mayor Kirk Caldwell Mayor Bernard Carvalho, Jr. Mayor Alan Arakawa County of Hawaii City and County of Honolulu County of Kauai County of Maui th 25 Aupuni Street 530 South King Street 4444 Rice Street 200 South High Street, 9 Floor Hilo, Hawaii 96720 Honolulu, Hawaii 96813 Lihue, Hawaii 96766 Wailuku, Hawaii 96793