HOUSE OF REPRESENTATIVES

THE TWENTY-THIRD LEGISLATURE

REGULAR SESSION OF 2005

COMMITTEE ON FINANCE

Rep. Dwight Y. Takamine, Chair

Rep. Bertha C. Kawakami, Vice Chair

Rep. Mele Carroll

Rep. Clift Tsuji

Rep. Pono Chong

Rep. Glenn Wakai

Rep. Cindy Evans

Rep. Ryan I. Yamane

Rep. Jon Riki Karamatsu

Rep. Kyle T. Yamashita

Rep. Marilyn B. Lee

Rep. Galen Fox

Rep. Michael Y. Magaoay

Rep. Colleen Rose Meyer

Rep. Bob Nakasone

Rep. Mark S. Moses

Rep. Scott Y. Nishimoto

Rep. Kymberly N. Pine

Rep. Kameo Tanaka

NOTICE OF HEARING

DATE:

THURSDAY, March 31, 2005

TIME:

2:00 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 1

SB 1132

SD2, HD1

(HSCR1130)

RELATING TO CONDOMINIUMS.

Amends Act 164, SLH 2004, which recodifies the condominium property regimes law, by adding new provisions relating to condominium creation, alteration, and termination; registration and administration; protection of condominium purchasers; and sales to owner-occupants. Effective July 1, 2099.

CPC, FIN

SB 1137

SD1

(HSCR1148)

RELATING TO CONDOMINIUMS.

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

CPC, FIN

SB 1778

SD2, HD1

(HSCR1149)

RELATING TO CONTRACTORS.

Requires the Regulated Industries Complaints Office to investigate complaints of unlicensed contracting within ___ working days of receipt and complete investigations within ___ days. Appropriates funds for the costs of investigations of unlicensed contractors. Effective July 1, 2099.

CPC, FIN

SB 743

SD2, HD1

(HSCR1091)

RELATING TO THE UNIFORM SECURITIES ACT.

Adopts the 2002 Uniform Securities Act and makes conforming amendments. Effective July 1, 2099.

CPC/JUD, FIN

SB 959

SD2

(HSCR1047)

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.

CPC, FIN

SB 1802

SD1

(HSCR1049)

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.

CPC, FIN
     

DECISION MAKING TO FOLLOW

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 45 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, 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. FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6200.

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. Dwight Takamine

Chair