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HomeMy WebLinkAbout2024-04-29 Bill 121 Martina Wing OP From: Martina Wing To: W PCtesti mono Subject: Bill 121 Economic Impact-Urgent Need for Comprehensive Study Date: Monday,April 29,2024 1:51:50 PM To Chairman Dennis Lin Windward Planning Commission County of Hawaii 25 Aupuni St. Hilo,HI 96720 Dear Chairperson Lin, I am writing to express my continued concerns regarding Hawaii Bill 121 and its potential impacts on our local economy,particularly the vacation rental industry. TAR rentals are my main source of income and my retirement. 1. The vacation rental industry is a huge part of our island's economy; it contributes over$1.1 billion (billion with a b) in economic impact to the Big Island. Given this significant contribution, it is alarming that such a substantial regulation is being considered without a comprehensive, independent, and academically rigorous economic impact study. County Council Chair Heather Kimball acknowledged the necessity of conducting this study during the Leeward Planning Commission meeting. She said, "I'm not opposed at all." Her acknowledgment underscores Bill 121's complexity and potential consequences for our community and economy. I wish you had not been put into this situation,but it is clear that there is not enough time to evaluate this bill point by point thoroughly. Therefore, the bill must be returned with a strong recommendation for a detailed study and re- evaluation of its language. 2. Furthermore,whenever new legislation is considered, industry experts and stakeholders know best how it would affect them. I wish the same in this instance. I feel the absence of our industry representation in discussions is a glaring oversight. Including a member from the industry in the commission's Q&A sessions is crucial. Our insights and expertise are invaluable in ensuring that the bill accurately addresses the concerns and realities of the vacation rental sector. The current lack of industry representation significantly contributes to the public's frustration with this bill. I urge you to consider these points seriously and advocate for a more informed and inclusive approach to regulating our vital vacation rental industry. Mahalo, Martina Wing Kailua-Kona, HI 96740 808-987-8660 aloha&mantarayshawaii.com