STAND. COM. REP. NO.  1141

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 1833

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Judiciary, to which was referred H.B. No. 1833 entitled:

"A BILL FOR AN ACT RELATING TO UNFAIR BUSINESS PRACTICES,"

begs leave to report as follows:

     The purpose of this bill is to prohibit the practice of mandating the use of certain surety producers or surety insurers by applicants when a bid, payment, or performance bond is required to ensure the performance of any real property construction contract.

The General Contractors Association of Hawaii, Island Insurance Companies, and King & Neel, Inc., testified in support of this bill. 

     Your Committee has amended this bill by:

     (1)  Changing the effective date to January 1, 2112, to             encourage further discussion; and

     (2)  Making technical, nonsubstantive amendments for style,

          clarity, and consistency.

     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. 1833, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1833, H.D. 1.

Respectfully submitted on behalf of the members of the Committee on Judiciary,

____________________________

TOMMY WATERS, Chair