'This will help tremendously,' Maui County Council Chair Alice Lee said.
Hawaii lawmakers are moving to implement a new law that will allow counties to collect a 3 percent tax from visitors staying at hotels and other short-term rentals as eased pandemic restrictions bring in more tourists.Before this new law, the state collected a 10 percent hotel tax and split it among each county. Now, Lee said Maui will bring in triple the revenue, as each county can levy their own surcharge to the tax and use the money for local needs.
"Instead of $23 million, we'll probably receive in the neighborhood of $50 to $70 million," Lee said. This comes after the state legislature overrode Gov. David Ige's veto of a bill that changes how the state funds the Hawaii Tourism Authority. With this bill, the agency will no longer be funded by the state hotel tax and will now receive money from the general fund. This fiscal year, however, funds will be appropriated from the federal coronavirus relief fund.Counties in Hawaii are looking to implement a 3 percent tax on visitors staying in hotels and short-term rental as tourism increases after eased pandemic restriction. Tourists crowd the Hilton Hawaiian Village Lagoon in Waikiki on Aug. 24, 2018 in Honolulu, Hawaii.State Rep.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Citing rise of delta variant, Los Angeles reports 165 percent increase in Covid cases“The data makes it increasingly clear that vaccines remain the most important tool we have to keep Covid-19 transmission and the incubation of variants low,' Barbara Ferrer, the county's director of public health, said.
Read more »
Kids and tax cuts: Why Dems need a sales pitch to seal a major Biden winDemocrats pushed through a landmark new anti-poverty policy just months ago. Now they have to make sure they get credit — and get the whole thing to last.
Read more »
Tax-Friendly States vs. Economy-Killing Taxes: What You Need To KnowThis segment of What’s Ahead focuses on how state and local officials are recognizing that lower tax rates can lead to increased opportunities
Read more »
Juvenile Pushes COVID-19 Vaccine With Fun 'Vax That Thang Up' RemixJuvenile remixes famous song to push vaccine with 'Vax That Thang Up.'
Read more »
As Bezos called for tax hikes, Amazon lobbied to keep its tax bill lowAs Amazon publicly embraced President Joe Biden’s plan to raise the corporate tax rate across the board, it has also lobbied Congress to preserve a prized tax break that’s helped it lower its corporate tax bill
Read more »
Spain is a safe tourism destination, minister saysSpain is a safe destination for tourists even though COVID-19 cases are rising, Tourism Minister Reyes Maroto said on Friday, citing its vaccination programme and the number of hospitalised patients being kept under control.
Read more »