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Senate committees trim HTA emergency fund and ask for consolidation review
Summary
Committees voted to lower the Hawaii Tourism Authority’s emergency fund cap from $5 million to $3 million and requested the committee report consider consolidating tourism emergency funds with broader state emergency reserves.
The joint Senate committees voted to pass Senate Bill 986 with amendments to reduce the HTA tourism emergency fund cap from $5 million to $3 million and directed staff to incorporate the Tax Foundation’s recommendation to consider consolidating emergency funds.
HTA witnesses explained the tourism emergency fund has been used following large events to support visitor assistance,…
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