STAND. COM. REP. NO. 649-06
Honolulu, Hawaii
, 2006
RE: H.B. No. 2899
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Sir:
Your Committee on Judiciary, to which was referred H.B. No. 2899 entitled:
"A BILL FOR AN ACT RELATING TO JUDGMENT LIENS,"
begs leave to report as follows:
The purpose of this bill is to clarify judgment liens by:
(1) Making orders of the state court relating to the payment of money, a lien upon real property when a copy is recorded in the Bureau of Conveyances;
(2) Making the lien period correspond to the length of time an underlying money judgment, order, or decree is in force; and
(3) Eliminating the requirement that the judgment debtor's social security number be attached to the judgment at the time of recordation at the Bureau of Conveyances.
The Hawaii Bankers Association and Collection Law Section of the Hawaii State Bar Association testified in support of this bill. The Department of Commerce and Consumer Affairs submitted comments.
Your Committee has amended this measure by making technical, nonsubstantive amendments for clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2899, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2899, H.D. 1, and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Judiciary,
|
____________________________ SYLVIA LUKE, Chair |
||