Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Consumer Protection and Commerce, to which was referred S.C.R. No. 62 entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to request a sunrise review of the regulation of condominium association managers.

Testimony in support of this concurrent resolution was received from the Real Estate Commission and an interested individual.

Your Committee finds that the Real Estate Commission does not regulate condominium association managers. No educational qualifications are required despite the impact that these managers have on thousands of condominium owners and renters.

S.B. No. 1454, introduced during the 2003 Regular Session, proposes the certification of condominium association managers by the Real Estate Commission. However, the Hawaii Regulatory Licensing Act declares the legislative policy of regulating professions and vocations only when reasonably necessary to protect the health, safety, or welfare of consumers. For this reason, this concurrent resolution requests that the Auditor

analyze the probable effects of the proposed regulation of condominium association managers, assess whether regulation is consistent with the Act's policies, and assess alternate forms of regulation.

As affirmed by the record of votes of the members of your Committee on Consumer Protection and Commerce that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 62 and recommends that it be referred to the Committee on Finance.