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HomeMy WebLinkAbout2024-04-15 Bill 121 Jeanne Osborne From: Jeanne Osborne To: LPCtestimony Subject: TAR Bill 121 Written Testimony Date: Monday,April 15,2024 4:18:30 PM Attachments: TAR letter.odf Aloha, Here is my written testimony for this Bill Aloha Planning, Land Use and Economic Development Committee, As an owner of a hosted transient accommodation here on the Big Island I am opposed to many aspects of Bill 121. My husband and I have been residents for over 32 years and raised five children here. We are getting close to retirement age and having a hosted rental (TAR) has helped us as we begin to transition into retirement. I feel that the TAT tax and excise tax we pay is already a considerably high amount of tax to pay. The proposed annual fee, loss of the home owner's tax classification and the strict registration/reporting standards seem overly strict almost punitive. Since all of the discussion about regulations/bills have started I feel that local residents are paying the price for the people from the mainland who have several TARS and are trying to exploit they system and get rich.This Bill does not consider the fact that many people here are just trying to make it on the Big Island in an area that is seriously struggling economically. From my perspective, the average hosts are not being considered in this bill. If this bill passes it is going to cause even more financial hardship for people like my husband and I who are getting older and need a little extra income to financially make through our senior yea rs. Sincerely, Jeanne Osborne