Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 1302 entitled:

begs leave to report as follows:

The purpose of this bill is to reduce the cost of doing business in Hawaii by reducing filing, service, copying, and other business fees by at least 50 percent for corporations, nonprofit corporations, partnerships, limited partnerships, and limited liability companies.

The Chamber of Commerce of Hawaii testified in support of this bill. The Business Registration Division of the Department of Commerce and Consumer Affairs supported the intent of the bill.

Your Committee finds that this bill will remove unnecessarily high business fees and improve Hawaii's business climate.

As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1302 and recommends that it pass Second Reading and be referred to the Committee on Finance.