HomeMy WebLinkAboutCOM 0675.429 2022-2024From: malis hodak
Sent: Monday, August 19, 2024 6:36 PM
To: Council Testimony
Subject: Urgent Need for Comprehensive Study on Bill 121's Economic Impact
Aloha Chairperson Kimball,
I am writing to express my deep concerns regarding Hawaii Bill 121 and its potential
impact on our beloved Big Island. The vacation rental industry is a significant contributor
to our local economy, providing more than $1.1 billion in economic impact. It is, therefore,
inappropriate to regulate such a vital industry 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 this crucial study. This acknowledgment highlights the complexity and
the potential ramifications of Bill 121 on our community and economy. Given the bill's
complexity and the insufficient time for a detailed evaluation, I urge the council to send the
bill back with a recommendation to conduct the necessary study and re -work its language.
Furthermore, it is imperative to include a member of the industry at the table when the
commission engages in questions and answers. The current lack of industry
representation is a significant concern and a major reason for the public's upset regarding
this bill. Ensuring that all stakeholders have a voice in this process is crucial for a fair and
balanced ar)r)roach to reaulation-