Honolulu Mayor signs bill to recover lost Transient Accommodations Tax revenue
In a significant move forward, Honolulu Mayor Rick Blangiardi signed Bill 40 (2021), CD2 FD1, into law, which is anticipated to generate between $75-85 million a year. The bill as signed will not only restore lost Transient Accommodations Tax (TAT) revenue, but it will support our valuable natural resources by addressing the impacts of tourism on O‘ahu and ensure Honolulu has a functional rail system. “Bill 40 restores much-needed revenue and...
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