STAND. COM. REP. NO.  1639

Honolulu, Hawaii

                , 2007

RE:   H.C.R. No. 46

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Consumer Protection & Commerce, to which was referred H.C.R. No. 46 entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING A SUNRISE REVIEW ON THE REGISTRATION OF PROVIDERS OF DEBT-MANAGEMENT SERVICES,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request that the State Auditor conduct a sunrise review on the registration of providers of debt-management services as contemplated under H.B. 184, introduced during the Regular Session of 2007.

     Further, if the Auditor determines that registration of debt management services providers is appropriate, the Auditor is also requested to recommend whether for-profit entities should be prohibited from providing debt-settlement services, or credit-counseling services, or both.

     The Legal Aid Society of Hawaii (LASH) and the Commission to Promote Uniform Legislation testified in support of this concurrent resolution.

     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 concurs with the intent and purpose of H.C.R. No. 46 and recommends that it be referred to the Committee on Legislative Management.

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

____________________________

ANGUS MCKELVEY

Acting Chair and Vice Chair