STAND. COM. REP. NO.  36-08

Honolulu, Hawaii

                , 2008

RE:   H.B. No. 3325

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Sir:

     Your Committee on Tourism & Culture, to which was referred H.B. No. 3325 entitled:

"A BILL FOR AN ACT RELATING TO THE UNIFORM LAND SALES PRACTICES ACT,"

begs leave to report as follows:

     The purpose of this bill is to streamline the regulation of time share plans by exempting registered time share plans from the provisions of the Uniform Land Sales Practices Act. 

     The Department of Commerce and Consumer Affairs, Marriott International, Inc., ARDA-Hawaii, and Wyndham Worldwide supported this bill.

     Upon further consideration, your Committee has amended this measure by changing its effective date to July 1, 2025, to encourage further discussion.

     As affirmed by the record of votes of the members of your Committee on Tourism & Culture that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 3325, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 3325, H.D. 1, and be referred to the Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Tourism & Culture,

____________________________

RYAN I. YAMANE, Chair