HomeMy WebLinkAbout2024-04-15 Bill 121 Joe Schneckenburger From: schneckenburoerCcbcomcast.net
To: LPCtestimonv
Subject: Concerns Regarding the Impact of Bill 121 on Tax Revenue and Local Economy
Date: Monday,April 15,2024 11:45:21 AM
Chairperson Barbara Defranco
Leeward Planning Commission
County of Hawaii
25 Au uni St.
Unit 1502
Hilo, HI 96720
Aloha Chairperson Lin & Commission Members,
I am writing to express my concerns about the potential impacts of Hawaii Bill
121 on our local economy, specifically regarding the tax revenue generated from
vacation rentals. As a resident and member of our community, I understand the
importance of balancing the needs for regulation with the economic benefits
that vacation rentals bring to our island.
Vacation rentals have become a significant source of tax revenue for Hawaii
County, contributing to our localgovernment's ability to fund essential services
and infrastructure improvements. By imposing overly restrictive measures on
vacation rentals, we risk reducing this vital stream of income. This reduction
could lead to increased taxes for residents or cuts to important communit
services.
Moreover, the vacation rental industry supports a wide range of jobs and
businesses in our community. From cleaning services to local tour operators,
many small businesses depend on the tourism that vacation rentals bring to our
island. The proposed regulations could have a ripple effect, harming not just
vacation rental owners but also many other local businesses that rely on tourism.
Given these concerns, I respectfully request that the Planning Commission
consider the following recommendations:
1. Conduct an economic impact study to fully understand how Bill 121 might
affect tax revenue and the local econom .
Recommend streamlining the registration process for vacation rentals to
ensure compliance without imposing undue burdens onoperators.
Recommend removing any regulations that could unduly impact the tax
revenue generated from vacation rentals, ensuring that our local economy
remains strong and vibrant.
Our community thrives when we find the right balance between regulation and
support for local businesses. I believe that with thoughtful consideration and
input from all stakeholders, we can achieve a solution that upholds the character
of our neighborhoods while also supporting our local econom .
Mahalo for your attention to this matter.
Joe Schneckenbur er
Kailua Kona