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HomeMy WebLinkAboutCOM 0675.190 2022-2024P / PCP[, till l'2l COMM, G75 From: Bill Newcomb Sent: Friday, July 5, 2024 1:29 PM 7'0: Council Testimony � Subject: Urgent Need for Comprehensive Study on Bill 121's Economic Impact Urgent Need for Comprehensive Study on Bill 121's Economic Impact -; Chairperson Heather Kimball Hawaii County Council County Building 25 Aupuni Street Hi* HavvRi 96720 0-3 Aloha Chairperson Kimball, 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. As a resident and stakeholder in our community, I believe it is critical to address the lack of a comprehensive, independent, and academically rigorous economic impact study on an industry that contributes more than $1.1 billion to the Big Island's economy. During the Leeward Planning Commission meeting, which lasted over eight hours, you agreed to conduct such a study. This commitment is a step in the right direction, but it is imperative that this study is prioritized before moving forward with the bill. The complexity and potential ramifications of this bill demand a thorough evaluation, which cannot be achieved in the limited time currently allocated for its review. Furthermore, the absence of industry representation during the commission's discussions is a significant oversight. Including a member from the vacation rental industry would provide valuable insights and help address the concerns many of us have about the bill. The current lack of industry input is a major factor contributing to the public's frustration and opposition. Given these points, I strongly urge you to send Bill 121 back with a recommendation to conduct the necessary economic impact study and to rework its language. It is crucial that we understand the full implications of this bill on our community and economy before making any decisions, Mahalo, Bill Newcomb 77-107 Queen Kalama Kailua-Kona Hawaii 96740 808-557-5553 comm. -T�J V Ref. To: Ref. Daie �OL