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HomeMy WebLinkAboutCOM 0675.383 2022-2024P powo dill 121 CON , G75 From: Madeleine Loewen Sent: Friday, July 5, 2024 2:25 PM To: Council Testimony Subject: Urgent Need for Comprehensive Study on Bill 121 Impact ................ Chairperson Heather Kimball r� Hawaii County Council County Building `Wa 25 Aupuni Street 11c; Hilo, Hawaii 96720 Aloha Chairperson Kimball, ==_ I would like to express my strong opinion that we need to carry out a thorough study to see how Bill 121 will impact our island's economy and the families who call it home. Hawaii families are struggling already with the rising cost of living, in the event that Bill 121 is carried out many families who use STVRs to be able to afford to live on the Big Island would no longer be able to live here. Many farmers supplement their income with unique stays on their property. We need to calculate the impact on this population. It is impossible for farmers to make sufficient income with farming alone, could Bill 121 force many to abandon producing local produce, thus leaving tocal people increasingly dependent on imported goods? Many tourists love the rustic and rural Hito-side of the Big Island. If we take away vacation rentals we are also taking away tourists as there is no -where for them to stay. This would painfully affect the economic structure that depends so heavily on bringing many tourists to Hilo. I am deeplyconcerned about Hawaii Bill 121 and its potential impacts on our local economy, particularly the vacation rental industry. This industry is a significant contributor to the Big Island's economy, providing more than $1.1 billion in economic impact. Given the magnitude of this contribution, it is crucial that any regulations imposed on this sector are carefully considered and based on solid evidence. It has come to my attention that during the Leeward Planning Commission meeting, you agreed to conduct a comprehensive, independent, and academically rigorous economic impact study. This is a step in the right direction. However, the current timeline and approach to Bill 121 do not allow for a thorough evaluation of this complex and impactfu bill. To ensure that the legislation reflects the best interests of all stakeholders, I urge you to send the bill back with a recommendation to conduct the promised study and re -work the t Comm Ref. To. Ref. Qafie language. Additionally, it is vital to include a member of the industry at the table during the commission's question and answer sessions. The absence of industry representation is a significant concern and contributes to the public's apprehension towards this bill. Incorporating these measures will help ensure that any changes to the vacation rental industry are beneficial to our economy, residents, and visitors alike. I implore you to consider these things. Mahalo, Madeleine Loewen PO Box 235, Hakalau, HI 96710 E