STAND. COM. REP. NO. 165-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2727
                                     




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

Sir:

     Your Committee on Transportation, to which was referred H.B.
No. 2727 entitled: 

     "A BILL FOR AN ACT RELATING TO INTERISLAND VEHICLE
     TRANSFERS,"

begs leave to report as follows:

     The purpose of this bill, as received by your Committee, is
to expedite the process of shipping vehicles interisland.

     Your Committee finds that a registered owner of a vehicle,
which has an outstanding loan balance, must obtain notarized
consent from the financial institution that remains the legal
owner before being permitted to ship a vehicle to another island.
Your Committee further finds that the shipping company considers
that requiring the registered owner to obtain the consent of the
legal owner before shipping is a time-consuming, delaying,
unnecessary step.  Your Committee further finds that banks want
to protect financial interests in their loans by requiring their
consent before vehicles are shipped interisland.

     This bill proposes that the current registration of the
registered owner shall be sufficient to ship vehicles from one
island to another.

     Testimony in support of this measure was received from Young
Brothers, Inc.  Testimony in opposition was received from the
Hawaii Bankers Association.


 
 
                                 STAND. COM. REP. NO. 165-00
                                 Page 2

 

     As affirmed by the record of votes of the members of your
Committee on Transportation that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
2727 and recommends that it pass Second Reading and be referred
to the Committee on Consumer Protection and Commerce.

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



                                   ______________________________
                                   KENNETH T. HIRAKI, Chair