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From: Joshua Montgomery <br /> To: LPCtestimonv <br /> Subject: Need for Comprehensive Study on Bill 121"s Economic Impact <br /> Date: Wednesday,May 15,2024 3:50:51 PM <br /> Chairperson Barbara Defranco <br /> Leeward Planning Commission <br /> West Hawaii Civic Center <br /> Council Chambers, Building A <br /> 75-5044 Ane Keohokaloe Highway <br /> Kailua-Kona, HI 96740 <br /> Aloha Chairperson Defranco, <br /> I am writing to express my concerns regarding Hawaii Bill 121 and its potential impact on our <br /> local economy,particularly the vacation rental industry. This industry is not just a small part <br /> of our island's economy; it contributes over$1.1 billion in economic impact to the Big Island. <br /> Given the significant role this industry plays, it is crucial that any regulations imposed on it <br /> are based on a thorough understanding of the potential consequences. <br /> It has come to my attention that during the Leeward Planning Commission meeting, Heather <br /> Kimball acknowledged the need for a comprehensive, independent, and academically rigorous <br /> economic impact study. This is a step in the right direction, and I strongly support this <br /> initiative. However,the current timeline does not allow for a detailed evaluation of Bill 121, <br /> which is both complex and impactful. Therefore, I urge the commission to recommend <br /> conducting this necessary study and to reconsider the bill's language accordingly. <br /> Furthermore, it is essential that the vacation rental industry has representation in discussions <br /> about regulations that affect it. The absence of industry voices has contributed to public <br /> dissatisfaction with Bill 121. Including a member from the industry in the commission's <br /> question and answer sessions would ensure a more balanced and informed approach to <br /> regulation. <br /> I hope you will consider these points carefully and take the necessary steps to ensure that any <br /> changes to the vacation rental industry are made with a full understanding of their <br /> implications. <br /> Mahalo, <br /> Joshua Montgomery <br /> Guard Well Farm <br /> 75-1097 Keopu Mauka Dr. <br /> Holualoa, HI 96725 <br /> ph: +1 (785) 840 6155 <br /> J oshua.montgomerya guardwel I farm.c om <br /> hltp://guardwellfarm.com <br />