HOUSE OF REPRESENTATIVES

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2005

COMMITTEE ON CONSUMER PROTECTION & 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, March 14, 2005

TIME:

1:30 PM

PLACE:

Conference Room 325

State Capitol

415 South Beretania Street

A G E N D A

SB 747

SD2

(SSCR765)

RELATING TO MONEY TRANSMITTERS.

Requires the annual registration of money transmitters with the division of financial institutions, subject to exemptions for certain entities. Establishes fees. Authorizes civil sanctions for persons conducting money transmission without being registered. (SD2)

CPC, JUD, FIN

SB 770

SD2

(SSCR768)

RELATING TO MORTGAGE BROKERS.

Transfers responsibility for oversight of the mortgage broker profession within DCCA from the professional and vocational licensing division to the division of financial institutions. (SD2)

CPC, JUD, FIN

SB 702

SD2

(SSCR747)

RELATING TO ANTITRUST.

Makes antitrust laws governing mergers and acquisitions applicable to all business entities. Authorizes court to order divestiture of assets to avoid lessening of competition. Allows private plaintiffs to seek injunctive relief to prevent threatened or incipient damage. (SD2)

CPC, JUD

SB 754

SD1

(SSCR653)

RELATING TO INSURANCE.

Amends insurance laws to conform to federal laws and national standards. (SD1)

CPC, JUD

SB 769

SD2

(SSCR767)

RELATING TO CABLE TELEVISION.

Allows DCCA to provide a rebate to cable television subscribers if the annual fee collected from subscribers exceeds the cable television regulatory program's administrative costs. Requires DCCA to study highest and best use of franchise fees. (SD2)

CPC, FIN

SB 959

SD2

(SSCR770)

RELATING TO CABLE TELEVISION.

Requires cable operator serving Maui county to pay access operating fees collected from subscribers to Maui community college, DOE, Maui County, and Maui's PEG access entity. (SD2)

CPC, FIN

SB 1802

SD1

(SSCR656)

RELATING TO CAPTIVE INSURANCE.

Clarifies definitions and requirements for service of process. Repeals requirement that articles of incorporation of risk retention captive establish limit on stockholder's interest to 10% of stock. Authorizes examinations of captives every 5 years after initial triennial examination. (SD1)

CPC, FIN

SB 1132

SD2

(SSCR774)

RELATING TO CONDOMINIUMS.

Recodifies condominium laws relating to creation, alteration, and termination; registration and administration; and protection of purchasers. Delays effective date of new condominium law until 7/1/06. Appropriates funds for educational purposes. (SD2)

CPC, FIN

SB 1137

SD1

(SSCR738)

RELATING TO CONDOMINIUMS.

Allows condominium associations to invest in financial products through a Hawaii-based securities broker. (SD1)

CPC, FIN

SB 1345

SD1

(SSCR752)

RELATING TO CONDOMINIUMS.

Repeals limitation on issues that may be considered in administrative hearing of condominium dispute and allows any issue considered in preceding mediation to be adjudicated. (SD1)

CPC, FIN

SB 1348

SD1

(SSCR690)

RELATING TO CONDOMINIUM PROPERTY REGIMES.

Requires association of apartment owners to maintain records apartment owners are entitled to review kept on the property if the association or a resident manager maintains an office on the property. (SD1)

CPC

SB 1349

SD1

(SSCR716)

RELATING TO CONDOMINIUM PROPERTY REGIMES.

Requires condominium board of directors to maintain certain financial records for current and prior 4 years available for review by apartment owners. (SD1)

CPC

SB 1798

(SSCR632)

RELATING TO NONPROFIT CORPORATIONS.

Exempts condominium associations from requirements governing cumulative voting for nonprofit corporations.

CPC

SB 119

SD1

(SSCR650)

RELATING TO THE CONTINUING EDUCATION OF DESIGN PROFESSIONALS.

Requires continuing education for architects as a condition of license renewal, subject to exceptions for active duty military service, illness, undue hardship, and retirement from practice. (SD1)

CPC

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