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HomeMy WebLinkAboutCOM 0675.176 2022-2024From: Sandra McGrath Sent: Sunday, June 30, 2024 12:20 PM To: Council Testimony Subject: oppose Dills 121,122,123 We, as a community, need to support our local people and not take away their ability to use their property as they see fit, If transient renters are not allowed to come to vacation homes ... they will not come and the community will suffer. We only have "tourism" to support our community and many of them will not come if they need to go to an expensive hotel. comm. X.A Ref. To:Pipps z . U , 44 Ref. Date From: Sandra McGrath Sent: Sunday, June 30, 2024 12:29 PM To: Council Testimony Subject; Bills 121, 122, 123 If all short-term rental units throughout the state are phased out by the counties, the following annual economic and fiscal losses will occur: • $803.3 to $955,9 million in taxes to the State and Counties, that includes: • $554 million in State TAT and GET • $121 million in all counties GET and TAT surcharges • $128,3 to $280,9 in Maul RPT « $11.3 billion in economic output • 66,000 jobs "Roughly a third of all visitors to Hawaii use short-term rentals,