Loading...
HomeMy WebLinkAbout2024-04-30 Bill 121 Tarek Antaki & Ellen R. Johnson From: Tarek Antaki To: W PCtesti mons Subject: Bill 121 commentary Date: Tuesday,April 30,2024 11:19:14 AM Aloha Chairman Lin, As you review your notes on Bill 121 please keep the following in mind- Can the preparer of the bill tell you: How many short term rentals will be eliminated because of this latest bill? How many of those will be willing to rent long term? How much will the county lose in tax revenues because of this elimination? How many jobs will be lost because there will be presumably less tourism if the cost of lodging goes up significantly? How much lost tax revenues will result because of this? They can't tell you because they didn't even bother looking into it, which is an absolutely negligent way to make decisions, let alone a decision on behalf of a a multi-billion dollar economy. All I ask is that you weigh both the pros and the cons against each other. That is a very reasonable ask. Mahalo for your time, Tarek Antaki and Sue Ellen Reyes Johnson (plus two kids) all who depend on short term rental income. 68-3534 Malina Waikoloa, HI 96738