Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2459 entitled:

begs leave to report as follows:

The purpose of this bill is to clarify that a covered loss deductible of motor vehicle insurance does not include benefits paid under any public assistance program.

The Department of Human Services and Department of Commerce and Consumer Affairs testified in support of this bill. The Hawaii Insurers Council opposed this measure.

Your Committee has amended this bill by:

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 H.B. No. 2459, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2459, H.D. 1.