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

NOTICE OF HEARING

DATE:	Monday, January 31, 2005
TIME:	1:30 P.M.
PLACE:	Conference Room 325 State Capitol 415 South Beretania Street

A G E N D A

HB 155	RELATING TO TIME SHARING. Allows an escrow agent to release purchasers' funds to a developer prior to closing if the developer secures the funds with a bond or letter of credit.	CPC
HB 156	RELATING TO TIME SHARING. Adds definitions of "master development" and "person" and amends the definitions of "blanket lien" and "project" in the Time Sharing Plans law.	CPC
HB 157	RELATING TO MORTGAGE BROKERS AND SOLICITORS. Exempts the sales agent of a time share plan developer from mortgage broker and solicitor licensing laws, if the developer is a licensed mortgage broker.	CPC
HB 391	RELATING TO TIME SHARE PLANS. Redefines "developer" in the time share law to exclude a person owning not more than 12 time share interests who did not create the plan and offers it for resale, and an association employing a third party to sell its time share interests acquired for non-payment of assessments.	CPC
HB 424	RELATING TO NATURAL DISASTERS. Authorizes Hawaii hurricane relief fund moneys to be used for (1) other natural disasters such as flood, tsunami, and lava flow; and (2) grants to individuals who install wind resistive devices in their residences.	CPC, FIN
HB 641	RELATING TO INSURANCE. Requires allegations of Insurance Code violations to be filed and heard by the Insurance Commissioner. Allows the Commissioner to award restitution as a remedy through an administrative hearing.	CPC, JUD, FIN
HB 644	RELATING TO POOLED INSURANCE. Repeals the provision that allows pooled insurance to be limited to constuction projects that are estimated to cost $50,000,000 or more.	CPC
HB 645	RELATING TO INSURANCE. Conforms certain insurance provision with federal law and national standards.	CPC, JUD
HB 649	RELATING TO SENTENCING OF REPEAT OFFENDERS. This measure will toughen the penalties imposed upon those individuals who repeatedly commit felony crimes by specifying that anyone committing felony insurance fraud in motor vehicle insurance, private health insurance, health maintenance organization health insurance, and worker's compensation insurance lines will be subject to repeat offender increased sentencing guidelines for having previously committed the crime of felony insurance fraud.	CPC, JUD

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 35 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) THE 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 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.

		________________________________________ Rep. Kenneth Hiraki Chair