Report Title:

Condominiums; Dispute Resolution

Description:

Makes the Condominium Dispute Resolution program under Act 277, Session Laws of Hawaii 2006, permanent.

HOUSE OF REPRESENTATIVES	H.B. NO.	937
TWENTY-FIFTH LEGISLATURE, 2009
STATE OF HAWAII

A BILL FOR AN ACT

relating to condominiums.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

     SECTION 1.  Act 277, Session Laws of Hawaii 2006, is amended by amending section 4 to read as follows:

     "SECTION 4.   This Act shall take effect on June 29, 2006[, and shall be repealed on June 30, 2009]."

     SECTION 2.  Section 514B-71, Hawaii Revised Statutes, is amended to read as follows:

     "[§514B-71]  Condominium education trust fund.  (a)  The commission shall establish a condominium education trust fund that the commission may use for educational purposes.  Educational purposes shall include financing or promoting:

     (1)  Education and research in the field of condominium management, condominium project registration, and real estate, for the benefit of the public and those required to be registered under this chapter;

     (2)  The improvement and more efficient administration of associations; and

     (3)  Expeditious and inexpensive procedures for resolving association disputes, including the condominium dispute resolution program established by Act 277, Session Laws of Hawaii 2006.

     (b)  The commission may use any and all moneys in the condominium education trust fund for purposes consistent with subsection (a)."

     SECTION 3.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 4.  This Act shall take effect upon its approval.

INTRODUCED BY:

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