Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2210, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to repeal chapter 514A, Hawaii Revised Statutes, recodify the laws governing condominium property regimes, and make an appropriation for post bill passage educational activities.

Your Committee finds that this measure is the culmination of a massive effort to replace the present chapter 514A, Hawaii Revised Statutes, relating to condominium property regimes, with a revised, updated codification of the law on that subject matter. This effort was undertaken by the Real Estate Branch, Professional and Vocational Licensing Division of the Department of Commerce and Consumer Affairs.

This measure also makes an appropriation out of the condominium management education fund for the sum of $150,000 to conduct post bill passage educational activities.

Your Committee has made some technical nonsubstantive changes for clarity and consistency.

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 S.B. No. 2210, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2210, S.D. 2.