§247-7 Disposition of taxes. [Repeal and reenactment on June 30, 2008. L 2007, c 222, §4.] All taxes collected each fiscal year under this chapter shall be deposited as follows:
(1) Ten per cent shall be paid into the land conservation fund established pursuant to section 173A-5;
(2) Fifty per cent shall be paid into the rental housing trust fund established by section 201H‑202; and
(3) Twenty-five per cent shall be paid into the natural area reserve fund established by section 195-9; provided that the funds paid into the natural area reserve fund shall be annually disbursed by the department of land and natural resources in the following priority:
(A) To natural area partnership and forest stewardship programs after joint consultation with the forest stewardship committee and the natural area reserves system commission;
(B) Projects undertaken in accordance with watershed management plans pursuant to section 171-58 or watershed management plans negotiated with private landowners, and management of the natural area reserves system pursuant to section 195-3; and
(C) The youth conservation corps established under chapter 193. [L 1966, c 10, pt of §1; HRS §247-7; am L 1993, c 195, §5; am L 1997, c 350, §11; am L 1998, c 170, §§2, 6; am L 1999, c 133, §2; am L 2000, c 269, §§2, 3; am L 2001, c 268, §2; am L 2005, c 156, §8; am L 2006, c 100, §§21, 30; am L 2007, c 222, §3 and c 249, §19]
Note
The L 2007, c 249, §19 amendment is exempt from the repeal and reenactment condition of L 2006, c 100, §30. L 2007, c 249, §52.
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