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HomeMy WebLinkAboutCOM 0675.373 2022-2024P / PoLuD bill 121 COW.O!5 From: Peggy Kunewa Sent: Friday, July 5, 2024 2:06 PM To: Council Testimony Subject: Bill 121 oha Chairperson Kimball, I am writing to express my deep concerns regarding Hawaii Bill 121 and its potential impact on our local economy, particularly the vacation rental industry. It has come to my attention that this industry contributes more than $1.1 billion in economic impact to the Big Island. Given the significant role it plays in our community, it seems highly inappropriate to regulate this sector without first conducting a comprehensive, independent, and academically rigorous economic impact study. During the Leeward Planning Commission meeting, which lasted over eight hours, you agreed to conduct such a study. This commitment is crucial and must be upheld to ensure that any regulatory changes are informed by solid data and analysis. Furthermore, the complexity and potential ramifications of Bill 121 necessitate a thorough evaluation, which cannot be achieved under the current time constraints. Therefore, I urge you to send the bill back with a recommendation to conduct the necessary study and to re -work its language. This approach will allow for a more informed and balanced discussion on how to best regulate the vacation rental industry. Additionally, it is imperative that a member of the industry be included in the commission's discussions. The lack of industry representation has been a major source of concern and frustration among the public. Ensuring their participation would provide valuable insights and help bridge the gap between regulators and the industry. C. C-1 Mahalo, —� Peggy Kunewa �f ; _. F 11-3880 Liona Street, Volcano HI, 96785 808 937-3991 Corn T1. NO.. 3 J Ref. To; Ref. r ate 201 1