STAND. COM. REP. NO.  1440

Honolulu, Hawaii

                , 2011

RE:   S.B. No. 1483

      S.D. 1

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 1483, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HAWAII REVISED STATUTES SECTION 514B-153(E),"

begs leave to report as follows:

     The purpose of this bill is to alleviate the administrative and financial burdens on condominium associations by allowing the association of a condominium project that includes time share units to maintain in its records the name and address of the time share association as the representative agent for the individual time share owners instead of the names and addresses of each individual time share owner, unless an individual owner requests their name and address be maintained.

     Consolidated Resorts Management, LLC; Aston Hotels & Resorts, LLC; the Hawaii Legislative Action Committee of the Community Associations Institute; the Hawaii Council of Associations of Apartment Owners; and several concerned individuals supported this measure.  The Hawaii Association of Realtors expressed concerns, providing comments.

     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. 1483, S.D. 1, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

ROBERT N. HERKES, Chair