CONFERENCE COMMITTEE REP. NO.150-02
Honolulu, Hawaii
, 2002
RE: S.B. No. 2883
S.D. 1
H.D. 1
C.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2883, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO INSURANCE,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to authorize the Insurance Commissioner (Commissioner) to issue rental car companies a limited license to sell insurance only in connection with and incidental to the rental of vehicles.
Your Conference Committee amended this measure to:
(1) Establish the new provisions as a new part within Article 9A of chapter 431, Hawaii Revised Statutes (HRS), rather than as a new article;
(2) Add a new definition for "limited lines motor vehicle rental company producer", to add the phrase "motor vehicle" to each of the terms "rental agreement," "rental car company," and "renter" and to delete the definition of "rental period";
(3) Provide that persons seeking licensure under this Act shall comply with chapter 431, HRS;
(4) Set the requirements for licensure and renewal by the Commissioner;
(5) Add a new section to chapter 437D, HRS, regarding sales of collision damage waivers by limited line motor vehicle rental company producers;
(6) Amend section 437D-16, HRS, to apply that section to collision insurance issued by certain lessors and limited line motor vehicle rental company producers; and
(7) Delete the amendments providing for payment of fees by and exemption from licensure for producers.
Your Conference Committee understands that none of the insurance coverages contained in this measure shall be subject to the prohibitions and restrictions relating to collision damage waivers (as set forth in section 437D-8.5, HRS) unless such insurance coverages meet the definition of collision insurance as set forth in this measure.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 2883, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2883, S.D. 1, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE HOUSE |
ON THE PART OF THE SENATE |
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____________________________ KENNETH T. HIRAKI, Co-Chair |
____________________________ CAL KAWAMOTO, Chair |
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____________________________ BOB NAKASONE, Co-Chair |
____________________________ RON MENOR, Co-Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
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