STAND. COM. REP. NO. 1257-08
Honolulu, Hawaii
, 2008
RE: S.B. No. 3030
S.D. 2
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 Consumer Protection & Commerce, to which was referred S.B. No. 3030, S.D. 2, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO MIXED MARTIAL ARTS,"
begs leave to report as follows:
The purpose of this bill is to provide financial resources for the regulation of mixed martial arts (MMA) contests by:
(1) Increasing the license fee imposed on gate receipts of professional MMA contests beginning in fiscal year 2009-2010;
(2) Clarifying that the two percent fee on gross receipts from telecasts of an event includes pay-per-view telecasts and is not restricted to telecasts in Hawaii; and
(3) Requiring each MMA promoter to pay an additional surcharge fee for fiscal year 2007-2008 and 2008-2009 to cover the cost of implementing the Mixed Martial Arts Contests Law under Chapter 440E, Hawaii Revised Statutes.
The Department of Commerce and Consumer Affairs testified in support of this bill.
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 is in accord with the intent and purpose of S.B. No. 3030, S.D. 2, H.D. 1, and recommends that it be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,
|
|
____________________________ ROBERT N. HERKES, Chair |
|
|
|