STAND. COM. REP. NO.  1618

Honolulu, Hawaii

                , 2007

RE:   S.B. No. 923

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 S.B. No. 923 entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"

begs leave to report as follows:

     The purpose of this bill is to assist condominium associations in collecting delinquent maintenance fees by making permanent the law that allows condominium associations to assess delinquent maintenance fees against a person who purchases a unit to which the fees are attached under a foreclosure proceeding.  This bill removes the sunset and reenactment provisions relating to section 514B-146, Hawaii Revised Statutes.

     The Real Estate Commission, Hawaii Council of Associations of Apartment Owners, and Hawaii Independent Condominium and Cooperative Owners testified in support of this bill.  The Hawaii Bankers Association offered comments.

     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 S.B. No. 923 and recommends that it pass Third Reading.

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

____________________________

TOMMY WATERS, Chair