Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1155, H.D. 1, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to allow notices of abandoned property to be published by posting on the state website or by any other method deemed effective by the director.

Presently, notification of abandoned property is governed by section 1-28.5, which requires notification to be done in a newspaper of general circulation. This is an expensive undertaking. By allowing more flexibility in notification, the State can publish a general notice in the papers to inform the public that the full list is available on the website. A hard copy would be made available in some libraries and at the University of Hawaii, and all libraries will be able to access the list via their free public internet access. Your Committee finds that by combining these methods, the State can save significant sums of money, while reaching as many or more residents as with newspaper publication only.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1155, H.D. 1, S.D. 1, and recommends that it pass Third Reading.