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HomeMy WebLinkAboutCOM 0675.208 2022-2024P/ Pmw 511 121 comm. V7 From: cynde punch Sent: Friday, July 5, 2024 2:29 PM?, , To: Council Testimony Subject: Urgent Need for Comprehensive Study on Bill 121's Economic Impact„-- Chairperson Heather Kimball Hawaii County Council County Building 25 Aupuni Street Hilc�-SsHawai 96720 ra to-1 _.. Aloha Chairperson Kimball, I am writing to express my concerns regarding Hawaii Bill 121 and its potential impact on the Big Island's economy, particularly the vacation rental industry. This industry significantly contributes over $1.1 billion to our local economy, and it is alarming that such a substantial sector could be regulated without a thorough, independent, and academically rigorous economic impact study. During the Leeward Planning Commission meeting, which lasted over eight hours, you agreed to conduct this crucial study. However, the current timeline does not allow for a detailed evaluation of this complex and impactful bill. It is imperative that the bill be sent back with a recommendation to conduct the study and rework its language to ensure it accurately reflects the needs and concerns of all stakeholders involved. Furthermore, the absence of industry representation during the commission's question and answer sessions is a significant oversight. Including a member from the industry would provide valuable insights and help address the public's concerns regarding this bill. Given these points, I strongly urge the council to reconsider the approach to Bill 121 and ensure that a comprehensive economic impact study is conducted before any further action is taken. It is crucial that we understand the full implications of this bill on our economy and community. Mahalo, de Punch 1115 Craigflower road 6046074983 Comm. *JULTo: Ref. Date " 2024