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HomeMy WebLinkAboutCOM 0675.425 2022-2024=0 1050 R/shop��—, 508 Hono|u|u.H|ymV|_4 808-864'`77Cl- Aug. 20L2024,11a.rn. Havvai'iCounty Building To: Nax*ai'iCounty Council, Committee mmPlanning, Land Use, and Development Ashh�/Kierkiemvcz, Chair Hm|ekaGomoInaba, Vice -Chair r From: Joe Kent, Executive vice president Grassrmo*Institute efHawaii RE: Bill 121 — RELATING TO TRANSIENT ACCOMMODATION RENTALS AND HOSTING PLATFORMS Aloha Chair Kierkiewicz, Vice -Chair Inaba and other members of the Committee, The Grassroot Institute ofHawaii has concerns with Bill 121, Draft 2, which would replace the existing regulations on short-term rentals with a new set of regulations covering owner -hosted, operator -hosted and unhostedSTRs. VVeare concerned about the effect this measure might haveunexisbngSTRoperatons,snnaUbusinessesand the broader Hawaii Island economy, and we would urge that the county commission an economic analysis of the short-term rental industry in Havvai'i County before acting onthis bill. For example, a 2020 study commissioned by the Hawaii Tourism Authority discovered that STRs are generally less expensive than hotels, and that "30% respondents reported that if there was not a home and vacation rental option during their recent stay in Hawaii, they would not have made the trip."' The study did not look at Hawaii Island specifically, but it did find that STRs added $6 billion to the state's economy and sustained 46,000 jobs. 1 Hawaii's Home and Vacation Rental Market:_[Mact and Outlook," pepa�d�nthe Hawaii TouhsmA�hor�yby]��H�e|s& Hnspho|byGroup, April 2[\20ZO,p. 10. znsoBishop St. #508 Honolulu, x|y6aza 808D641776 info@grassrootinstitutlEjormi�a, t IS-41P 1 The HTA study also surveyed people statewide who own short-term rentals and found that "70% of residents who indicated that they make their living unit available for home and vacation rentals report that they do so to either make incremental income or meet housing gaps (40% and 30%, respectively)" Further: "Responses in 2019 track with reasons and proportions provided by respondents in 2016, where 60% of respondents indicated that they make their living unit available for home and vacation rentals to subsidize housing costs. The increased proportion can be partly explained by the ongoing rise in housing costs in Hawaii.."3 The HTA study indicated that many existing STR hosts — who maybe rent out a room or a second unit on their property — use their STR income to afford Hawaii's high cost of housing. These existing hosted STRs also offer everyday folks the opportunity to participate in Hawaii's tourism economy and build wealth for their families. Grassroot also is concerned about the steep fines that would be imposed on those who would violate this proposed new law. The proposed $10,000-per-day fines could quickly add up to an unpayable amount — and even result in the owners losing their homes to foreclosures. Not only would such a fine be excessively harsh, but it could be unconstitutional. Both the state and federal constitutions bar excessive fines, and the U.S. Supreme Court's decision in Timbs v. Indiana establishes that the federal excessive fines clause applies to state and municipal actions as well.' Recent cases, such as Tyler v. Hennepin County,5 indicate that courts are increasingly prepared to strike down aggressive state action that impairs individual property rights. Thus, we suggest that the penalties associated with noncompliance be reconsidered and restructured. Thank you for the opportunity to testify. Joe Kent Executive vice president Grassroot Institute of Hawaii a "Hawaii' Hom and Vacation R n t a I M prepared for the Hawaii Tourism Authority by JLt's Hotels & Hospitality Group, April 20, 2020, p. 16. 4 586 U.S. _ (2019). 139 S. Ct. 682. s 598 U.S. 631(2023). 1050 Bishop St. #508 Honolulu, HI 96813 808-864-1776 info@grassrootinstitute.org