Counties set to lose millions in hotel room tax revenues get OK to hike taxes on their own Samie Solina © Provided by Honolulu KHNL To make up for the lost money, counties can add a 3 percent tax to the already 10.25 percent Transient Accommodations Tax.
HONOLULU, Hawaii (HawaiiNewsNow) - In a significant move, lawmakers reached agreement this week on a measure that would take hotel room tax money away from the counties but allow them to make up for lost funds with a tax increase.
Under the new measure, the counties would lose $103 million from the hotel room tax. But lawmakers said counties could decide to add a 3% tax to the current 10.25% rate to make up for the lost funds.
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