HomeMy WebLinkAboutCOM 0600.034 2022-2024 P /Fe
C-GUN TY CLf-COUNTY OF HAWAP
h bin 10/4
CA141. Coo
Feb 6, 2024 VVZII FEB -5 Am
Committee on Finance
Re: Bill 104
Aloha, Finance Committee members.
Thank you for the opportunity to submit opinions regarding this proposed bill. I am submitting
testimony in opposition to Bill 104 in its current form. Even though some requirements and language
have changed it still needs work.
The provisions are confusing. For example,Section 4, (k) (2)states that"all dwelling units on long-term
rental properties must be leased," but(3) states that"a long term rental classification shall not be
disallowed or ineligible by sole reason that the owner's principal residence is located on the same
property." And what is the meaning of Section 4. (5) (A) "Real property with uses legally permitted as a
home occupation in accordance with the zoning code;?"
We would all agree that there is a housing crisis and more rental properties are needed. However,
without a cap on assessed property values there is little incentive for property owners to convert to long
term rental. And what's to prohibit owners who are utilizing the"Affordable Rental"class to switch over
to"Long Term Rental" classification and thereby being able to raise the rental amount?
I do not believe that this bill will make an appreciable difference in providing more long term rentals.
urge the Finance Committee and the rest of the Council members to take time to receive feedback from
community members and discuss the possible unintended consequences. There needs to be more
dialogue and answers to questions before this bill goes to Council.
Thank you for your consideration.
Respectfully submitted,
jog Dillon
Joy Dillon
Hilo resident
808-640-2544
joy@joydillon.com
Comm. No. I.b
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