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HomeMy WebLinkAbout2024-05-15 Bill 121 Joshua Montgomery From: Joshua Montgomery To: LPCtestimonv Subject: Need for Comprehensive Study on Bill 121"s Economic Impact Date: Wednesday,May 15,2024 3:50:51 PM Chairperson Barbara Defranco Leeward Planning Commission West Hawaii Civic Center Council Chambers, Building A 75-5044 Ane Keohokaloe Highway Kailua-Kona, HI 96740 Aloha Chairperson Defranco, I am writing to express my concerns regarding Hawaii Bill 121 and its potential impact on our local economy,particularly the vacation rental industry. This industry is not just a small part of our island's economy; it contributes over$1.1 billion in economic impact to the Big Island. Given the significant role this industry plays, it is crucial that any regulations imposed on it are based on a thorough understanding of the potential consequences. It has come to my attention that during the Leeward Planning Commission meeting, Heather Kimball acknowledged the need for a comprehensive, independent, and academically rigorous economic impact study. This is a step in the right direction, and I strongly support this initiative. However,the current timeline does not allow for a detailed evaluation of Bill 121, which is both complex and impactful. Therefore, I urge the commission to recommend conducting this necessary study and to reconsider the bill's language accordingly. Furthermore, it is essential that the vacation rental industry has representation in discussions about regulations that affect it. The absence of industry voices has contributed to public dissatisfaction with Bill 121. Including a member from the industry in the commission's question and answer sessions would ensure a more balanced and informed approach to regulation. I hope you will consider these points carefully and take the necessary steps to ensure that any changes to the vacation rental industry are made with a full understanding of their implications. Mahalo, Joshua Montgomery Guard Well Farm 75-1097 Keopu Mauka Dr. Holualoa, HI 96725 ph: +1 (785) 840 6155 J oshua.montgomerya guardwel I farm.c om hltp://guardwellfarm.com