HOUSE OF REPRESENTATIVES

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2005

COMMITTEE ON CONSUMER PROTECTION AND COMMERCE

Rep. Kenneth T. Hiraki, Chair

Rep. Brian Schatz, Vice Chair

Rep. Kirk Caldwell	Rep. Scott Saiki
Rep. Robert N. Herkes	Rep. Alex Sonson
Rep. Ken Ito	Rep. Joseph M. Souki
Rep. Ezra R. Kanoho	Rep. Barbara C. Marumoto
Rep. Hermina M. Morita	Rep. Bud Stonebraker

COMMITTEE ON JUDICIARY

Rep. Sylvia J. Luke, Chair

Rep. Blake K. Oshiro, Vice Chair

Rep. Kirk Caldwell	Rep. Alex M. Sonson
Rep. Robert N. Herkes	Rep. Joseph M. Souki
Rep. Ezra R. Kanoho	Rep. Barbara Marumoto
Rep. Hermina M. Morita	Rep. Cynthia Thielen

NOTICE OF HEARING

DATE:	Monday, February 7, 2005
TIME:	1:45 PM
PLACE:	Conference Room 325 State Capitol 415 South Beretania Street

A G E N D A

HB 393	RELATING TO THE COUNTIES. Provides that unpaid civil fines, and unpaid administratively imposed civil fines added by the county by ordinance to taxes, fees, or charges, shall not become a part of those taxes, fees, or charges, or constitute a lien on the debtor's real or personal property.	CPC/JUD, FIN
HB 584	RELATING TO CHARITABLE GIFT ANNUITIES. The purpose of this bill is to clarify that: (1) the filing deadline for charities that issue charitable gift annuities to annually certify to the Attorney General the charities' compliance with the minimum net asset and reserve requirements of section 431:1-204, Hawaii Revised Statues; (2) the calculation of a charity's reserves on gift annuities shall be based upon mortality tables and discount rates determined by the Insurance Commissioner; (3) the requirement that a charity must conduct business in Hawaii for at least ten consecutive years rather than"continuously;" and (4) no reserve "surplus" is required for any portion of a gift annuity that is reinsured by an authorized insurer.	CPC/JUD
HB 634	RELATING TO THE UNIFORM SECURITIES ACT. Conforms the State's securities provision to federal securities laws by adopting the 2002 Uniform Securities Act.	CPC/JUD, FIN
HB 639	RELATING TO ESCROW DEPOSITORIES. Amends and updates provisions which set forth procedures for the licensing and regulation of escrow depositories.	CPC/JUD, FIN
HB 642	RELATING TO INSURANCE. Conforms insurance statutes to federal law and national standards.	CPC/JUD, FIN
HB 1452	RELATING TO PAWNBROKERS AND SECONDHAND DEALERS. Requires pawnbrokers and secondhand dealers to post pictures of merchandise received on a website developed and maintained by a computer specialist hired by the county police departments.	CPC/JUD, FIN
HB 477	RELATING TO EXEMPTING ROTH INDIVIDUAL RETIREMENT ACCOUNTS FROM ATTACHMENT OR SEIZURE. Extends the same protection from creditor claims that regular IRA's have to Roth individual retirement accounts.	CPC/JUD

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 40 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) THE CPC COMMITTEE'S VICE CHAIR IN ROOM 425, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS TESTIMONY DROP OFF BOX IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY ALSO BE FAXED IF LESS THAN 5 PAGES IN LENGTH TO THE HOUSE SGT.-AT-ARMS OFFICE AT: 586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT IS NEEDED FOR SUBMITTAL. IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET.

ORAL TESTIMONY SHALL BE LIMITED TO THREE MINUTES. FOR FURTHER INFORMATION, PLEASE CALL THE CPC COMMITTEE CLERK AT 586-6180.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

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Rep. Sylvia Luke

Chair

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Rep. Kenneth Hiraki

Chair