2024-04-30 Bill 121 Caryl Burns - Laserfiche WebLink

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From: Caryl Burns To: W PCtesti mono Subject: Subject: Urgent Need for Comprehensive Economic Impact Study on Bill 121 Date: Tuesday,April 30,2024 11:05:41 PM 4/30/24 To: WPCtestimonyCd�hawaiicounty.gov Subject: Urgent Need for Comprehensive Economic Impact Study on Bill 121 Chairman Dennis Lin Windward Planning Commission County of Hawaii 25 Aupuni St. Hilo, HI 96720 Aloha Chairperson Lin, I am writing to express my deep concerns regarding Hawaii Bill 121 and its potential impacts on our local economy, particularly the vacation rental industry. It is well-known that this industry contributes over $1.1 billion to the Big Island's economy. Given the significant role it plays, it seems highly inappropriate to regulate such a vital sector without first conducting a comprehensive, independent, and academically rigorous economic impact study. During the Leeward Planning Commission meeting, Heather Kimball acknowledged the necessity of this study, agreeing to its conduct. This acknowledgment underscores the complexity and potential ramifications of Bill 121 on our community and economy. Therefore, it is imperative that the bill be returned with a recommendation for a thorough study and reevaluation of its language. Furthermore, the inclusion of a member from the industry during the commission's question and answer sessions is crucial. The current lack of industry representation is a significant concern and contributes to the public's frustration with the bill. Ensuring that all stakeholders have a voice in this process is essential for a fair and balanced approach to regulation. Given the limited time for a detailed evaluation of this complex bill, I urge you to consider these points seriously and advocate for a more informed and inclusive approach to its development.