Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 1077, S.D. 1, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to codify current practices of the Insurance Commissioner regarding the certification of continuing education courses and course providers.

The Department of Commerce and Consumer Affairs (DCCA), Insurance Division of DCCA, Continuing Education Advisory Committee, Hawaii Independent Insurance Agents Association, Professional Insurance Agents of Hawaii, and National Association of Insurance and Financial Advisors Hawaii submitted testimony in support of this bill.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1077, S.D. 1, H.D. 1, and recommends that it pass Third Reading.