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