STAND. COM. REP. NO. 396-12
Honolulu, Hawaii
, 2012
RE: H.B. No. 2499
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 Committee on Consumer Protection & Commerce, to which was referred H.B. No. 2499 entitled:
"A BILL FOR AN ACT RELATING TO FINANCIAL INSTITUTIONS,"
begs leave to report as follows:
After careful consideration, your Committee has amended this bill by:
(1) Eliminating the authority of the Commissioner of Financial Institutions to establish, increase, decrease, or repeal various fees by rule;
(2) Changing the effective date to July 1, 3000, to encourage further discussion; and
(3) Making technical, nonsubstantive amendments for purposes of clarity, consistency, and style.
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. 2499, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2499, H.D. 1, and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,
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____________________________ ROBERT N. HERKES, Chair |
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