HRS § 247-7 — Disposition of taxes


§247-7 Disposition of taxes. All taxes
collected under this chapter shall be paid into the state treasury to the
credit of the general fund of the State, to be used and expended for the
purposes for which the general fund was created and exists by law; provided
that of the taxes collected each fiscal year:
(1) Ten per cent or $5,100,000, whichever is less,
shall be paid into the land conservation fund established pursuant to section
173A-5; and
(2) Fifty per cent or $38,000,000, whichever is less,
shall be paid into the rental housing revolving fund established by section
201H-202.