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From: Martina Wing <br /> To: W PCtesti mono <br /> Subject: Bill 121 Economic Impact-Urgent Need for Comprehensive Study <br /> Date: Monday,April 29,2024 1:51:50 PM <br /> To <br /> Chairman Dennis Lin <br /> Windward Planning Commission <br /> County of Hawaii <br /> 25 Aupuni St. <br /> Hilo,HI 96720 <br /> Dear Chairperson Lin, <br /> I am writing to express my continued concerns regarding Hawaii Bill 121 and its potential <br /> impacts on our local economy,particularly the vacation rental industry. TAR rentals are my <br /> main source of income and my retirement. <br /> 1. The vacation rental industry is a huge part of our island's economy; it contributes over$1.1 <br /> billion (billion with a b) in economic impact to the Big Island. Given this significant <br /> contribution, it is alarming that such a substantial regulation is being considered without a <br /> comprehensive, independent, and academically rigorous economic impact study. <br /> County Council Chair Heather Kimball acknowledged the necessity of conducting this study <br /> during the Leeward Planning Commission meeting. She said, "I'm not opposed at all." <br /> Her acknowledgment underscores Bill 121's complexity and potential consequences for our <br /> community and economy. I wish you had not been put into this situation,but it is clear that <br /> there is not enough time to evaluate this bill point by point thoroughly. <br /> Therefore, the bill must be returned with a strong recommendation for a detailed study and re- <br /> evaluation of its language. <br /> 2. Furthermore,whenever new legislation is considered, industry experts and stakeholders <br /> know best how it would affect them. <br /> I wish the same in this instance. I feel the absence of our industry representation in discussions <br /> is a glaring oversight. Including a member from the industry in the commission's Q&A <br /> sessions is crucial. <br /> Our insights and expertise are invaluable in ensuring that the bill accurately addresses the <br /> concerns and realities of the vacation rental sector. The current lack of industry representation <br /> significantly contributes to the public's frustration with this bill. <br /> I urge you to consider these points seriously and advocate for a more informed and inclusive <br /> approach to regulating our vital vacation rental industry. <br /> Mahalo, <br />