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Bill

SB 986

RELATED TO TOURISM.

2025 Regular Session Introduced by Stanley Chang and 2 co-sponsors

Bill SB 986 establishes a Tourism Emergency Special Fund in Hawaii, using Transient Accommodations Tax revenues to support tourism recovery during emergencies.

Reported from EDT (Stand. Com. Rep. No. 391) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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WeVote Research Nonpartisan
Bill Summary · SB 986

Summary of Bill SB 986: Related to Tourism

Overview

Bill SB 986 aims to enhance the management and funding of tourism-related initiatives in Hawaii, particularly in response to emergencies affecting the tourism sector. The bill proposes the establishment of a Tourism Emergency Special Fund and outlines the allocation of Transient Accommodations Tax revenues to support tourism recovery efforts.

Main Purpose and Intent

The primary intent of SB 986 is to ensure that Hawaii's tourism industry can effectively respond to emergencies that disrupt travel and tourism activities. By creating a dedicated fund, the bill seeks to provide timely financial resources to support recovery and resilience in the tourism sector.

Key Provisions

  • Tourism Emergency Special Fund: The bill establishes a special fund specifically designated for tourism emergencies. This fund will be utilized to support initiatives aimed at recovering from disruptions in the tourism industry.

  • Allocation of Transient Accommodations Tax Revenues: The bill proposes that a portion of the revenues generated from the Transient Accommodations Tax (TAT) be directed to the Tourism Emergency Special Fund. This allocation is intended to ensure that adequate financial resources are available during times of crisis.

  • Governor's Role: The bill outlines the responsibilities of the Governor in managing the fund and coordinating tourism recovery efforts, ensuring that the state's response is organized and effective.

Affected Parties

  • Hawaii Tourism Authority: The bill directly impacts the Hawaii Tourism Authority, which will be involved in the administration of the Tourism Emergency Special Fund.

  • Tourism Industry Stakeholders: Businesses and individuals involved in the tourism sector, including hotels, travel agencies, and local attractions, will benefit from the financial support provided by the fund during emergencies.

  • Visitors to Hawaii: The bill indirectly affects tourists, as the fund aims to maintain and enhance the tourism experience even during challenging times.

Legislative Timeline

  • Introduced: January 17, 2025
  • First Reading: January 21, 2025
  • Referred to Committees: January 23, 2025
  • Public Hearing Scheduled: February 3, 2025
  • Committee Recommendation: February 6, 2025 (Passed with amendments)
  • Second Reading: February 12, 2025 (Passed as amended and referred to WAM)

Conclusion

SB 986 represents a proactive approach to safeguarding Hawaii's tourism industry against unforeseen emergencies. By establishing a dedicated fund and ensuring the allocation of tax revenues, the bill aims to bolster the resilience of the tourism sector, which is vital to the state's economy. The bill is currently under consideration by the Ways and Means Committee following its passage in the Economic Development and Tourism Committee.

Compiled from official sources — confirm details with the bill’s official record.

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