HB1388
Type: B Origin: House Hawaii Comments: 0

Relating To The Transient Accommodations Tax.

Summary
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AI Summary

The bill relates to the Transient Accommodations Tax and aims to amend the Internal Revenue Code of 1986 to allow certain tax-exempt organizations to claim a credit against such tax. It proposes provisions that would enable eligible tax-exempt organizations to receive a credit against their Transient Accommodations Tax liability, potentially reducing their tax burden. This change could impact how these organizations manage their finances and operations in relation to lodging taxes.

Bill Activity

  • 2023-01-25: Introduced and Pass First Reading.

  • 2023-01-30: Referred to WAL, TOU/ECD, FIN, referral sheet 3

  • 2023-12-11: Carried over to 2024 Regular Session.

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