ยง247-7ย  Disposition of taxes.ย  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)ย  Ten per cent shall be paid into the land
conservation fund established pursuant to section 173A-5;



(2)ย  Twenty-five per cent from July 1, 2009, until
June 30, 2012, and thirty per cent in each fiscal year thereafter shall be paid
into the rental housing trust fund established by section 201H-202; and



(3)ย  Twenty per cent from July 1, 2009, until June 30,
2012, and twenty-five per cent in each fiscal year thereafter 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)ย  To natural area partnership and forest
stewardship programs after joint consultation with the forest stewardship
committee and the natural area reserves system commission;



(B)ย  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)ย  The youth conservation corps established
under chapter 193. [L 1966, c 10, pt of ยง1; HRS ยง247-7; am L 1993, c 195, ยง5;
am L 1997, c 350, ยง11; am L 1998, c 170, ยงยง2, 6; am L 1999, c 133, ยง2; am L
2000, c 269, ยงยง2, 3; am L 2001, c 268, ยง2; am L 2005, c 156, ยง8; am L 2006, c
100, ยงยง21, 30; am L 2007, c 222, ยงยง3, 4 and c 249, ยงยง19, 52; am L 2009, c 59,
ยง4]