Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Judiciary and Hawaiian Affairs, to which was referred H.B. No. 462 entitled:

begs leave to report as follows:

The purpose of this bill is to standardize Hawaii's arbitration laws with those used in other states by codifying the Uniform Arbitration Act.

Supportive testimony was submitted by the Hawaii Commissioners to the National Conference of Commissioners on Uniform State Laws (Commissioners).

Your Committee asserts that arbitration is a desirable alternative to litigation, and believes this bill will help to advance this public policy. Among other things, this bill will:

Upon closer inspection, your Committee has amended this bill by revising a reference in SECTION 4 that was incorrectly cited.

As affirmed by the record of votes of the members of your Committee on Judiciary and Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 462, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 462, H.D. 1, and be referred to the Committee on Finance.