STAND. COM. REP. NO.2976
Honolulu, Hawaii
, 2002
RE: H.B. No. 2832
H.D. 1
S.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Tourism and Intergovernmental Affairs, to which was referred H.B. No. 2832, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO TIME SHARING PLANS,"
begs leave to report as follows:
The purpose of this measure is to permit the Director of Commerce and Consumer Affairs to authorize independent contractors to invite others to time-share sales presentations.
Testimony in support of this measure was received from the Time Share Administrator and one individual.
Your Committee finds that the intent of this measure is to clarify unintended ambiguities that resulted from legislation passed in the 2001 session. Your Committee has also heard a recommendation for additional amendments in certain disclosure requirements.
Your Committee has amended this measure to clarify the requirements concerning delivery of a developer's public report and disclosure abstract of a time share plan or project that is part of a condominium project.
As affirmed by the record of votes of the members of your Committee on Tourism and Intergovernmental Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2832, H.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2832, H.D. 1, S.D. 1, and be referred to the Committee on Commerce, Consumer Protection and Housing.
Respectfully submitted on behalf of the members of the Committee on Tourism and Intergovernmental Affairs,
____________________________ DONNA MERCADO KIM, Chair |
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