STAND. COM. REP. NO.  516-12

Honolulu, Hawaii

                , 2012

RE:   H.B. No. 2409

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

     Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 2409 entitled:

"A BILL FOR AN ACT RELATING TO CONSUMER PROTECTION,"

begs leave to report as follows:

The purpose of this measure is to authorize the Director of Commerce and Consumer Affairs to:

(1)  Enforce certain federal laws that protect military members and their families from abusive lending practices; and

(2)  Enter into an agreement with the United States Federal Trade Commission to allow the Director of Commerce and Consumer Affairs to access the Military Sentinel database to enforce the protection of military members and their families from abusive lending practices.

The U.S. Department of Defense State Liaison Office, Department of Commerce and Consumer Affairs Office of Consumer Protection, and The Chamber of Commerce of Hawaii testified in support of this measure.

     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 H.B. No. 2409 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