STAND. COM. REP. NO. 669-12
Honolulu, Hawaii
, 2012
RE: H.B. No. 1969
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Sixth State Legislature
Regular Session of 2012
State of Hawaii
Sir:
Your Committees on Consumer Protection & Commerce and Judiciary, to which was referred H.B. No. 1969, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO CONTRACTS,"
beg leave to report as follows:
(1) Shortening the time in which subcontractors are to receive progress and final payments from contractors on government and non-government construction projects; and
(2) Establishing interest penalties for contractors who fail to make payment to subcontractors within a specified period of time.
As affirmed by the records of votes of the members of your Committees on Consumer Protection & Commerce and Judiciary that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 1969, H.D. 1, and recommend that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committees on Consumer Protection & Commerce and Judiciary,
____________________________ GILBERT KEITH-AGARAN, Chair |
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____________________________ ROBERT N. HERKES, Chair |
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