Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Tourism and Culture, to which was referred H.B. No. 20 entitled:

begs leave to report as follows:

The purpose of this bill is to eliminate the requirement for time share sales agents to register with the director of commerce and consumer affairs.

Testimony in support of this measure was received from the American Resort Development Association, American Resort Development Association of Hawaii, Hilton Grand Vacations Club, and Resort Condominium International (RCI). The Department of Commerce and Consumer Affairs testified in support of this measure and recommended an amendment to also eliminate the requirement that time share acquisition agents be registered with the Department if they are currently licensed as a real estate broker pursuant to Chapter 467.

As affirmed by the record of votes of the members of your Committee on Tourism and Culture that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 20, as amended herein, and recommends that it pass

Second Reading in the form attached hereto as H.B. No. 20, H.D. 1, and be referred to the Committee on Consumer Protection and Commerce.