STAND. COM. REP. NO. 3269

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  H.B. No. 2474
                                        H.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Judiciary, to which was referred H.B.
No. 2474, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO INSURANCE,"

begs leave to report as follows:

     The purpose of the measure is to conform state law to
federal law with respect to permitting felons to engage in the
business of insurance.

     Testimony in support of the measure was received by the
Insurance Commissioner.

     Your Committee finds that federal law requires a person
convicted of a felony to request the consent of the insurance
commissioner to conduct the business of insurance.  Hawaii State
law has no similar requirement.  This measure would conform state
law to federal law by requiring a person convicted of a felony to
request the insurance commissioner's written consent before
engaging in the business of insurance. 

     As affirmed by the record of votes of the members of your
Committee on Judiciary that is attached to this report, your
Committee is in accord with the intent and purpose of H.B.
No. 2474, H.D. 1, and recommends that it pass Third Reading.


 
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                                   STAND. COM. REP. NO. 3269
                                   Page 2


                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Judiciary,



                                   ______________________________
                                   AVERY B. CHUMBLEY, Co-Chair



                                   ______________________________
                                   MATTHEW M. MATSUNAGA, Co-Chair

 
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