STAND. COM. REP. NO.  1087

Honolulu, Hawaii

                , 2011

RE:   S.B. No. 1484

      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 Public Safety & Military Affairs, to which was referred S.B. No. 1484, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO INSURANCE,"

begs leave to report as follows:

     The purpose of this bill is to exempt from the insurance laws for fraternal benefit societies, associations:

     (1)  That were organized before 1880;

     (2)  Whose members are active, retired, or honorably discharged members of the United States Armed Forces or Sea Services; and

     (3)  That provide insurance and other benefits to their members and their dependents or beneficiaries.

     The Navy Mutual Aid Association supported this bill.  The Department of Commerce and Consumer Affairs supported the intent of this bill.

     Your Committee has amended this bill by including sea services of the United States in the association's membership.

     As affirmed by the record of votes of the members of your Committee on Public Safety & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1484, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1484, S.D. 1, H.D. 1, and be referred to the Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Public Safety & Military Affairs,

____________________________

HENRY J.C. AQUINO, Chair