STAND. COM. REP. NO. 276-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2006
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Consumer Protection and Commerce, to which
was referred H.B. No. 2006 entitled: 

     "A BILL FOR AN ACT RELATING TO THE HAWAII HURRICANE RELIEF
     FUND,"

begs leave to report as follows:

     The purpose of this bill is to exempt from the Hawaii
Hurricane Relief Fund (HHRF) assessment, those policies that an
insurer provides that are in excess of amounts offered by the
HHRF.  

     Testimony in support of this measure was provided by State
Farm Insurance Companies and the Hawaii Insurers Council.  The
Department of Commerce and Consumer Affairs provided testimony in
support of the measure with several amendments. 

     Your Committee has amended this bill by narrowing the scope
of the bill to residential property only.  The retroactive date
has been amended from January 1, 1997 to September 1, 1998, the
date that the HHRF ceased to issue commercial insurance policies.

     As affirmed by the record of votes of the members of your
Committee on Consumer Protection and Commerce that is attached to
this report, your Committee is in accord with the intent and
purpose of H.B. No. 2006, as amended herein, and recommends that
it pass Second Reading in the form attached hereto as H.B. No.
2006, H.D. 1, and be referred to the Committee on Finance.


 
 
                                 STAND. COM. REP. NO. 276-00
                                 Page 2

 
                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Consumer
                                   Protection and Commerce,



                                   ______________________________
                                   RON MENOR, Chair