STAND. COM. REP. NO.  263-14

Honolulu, Hawaii

                , 2014

RE:   H.B. No. 2015

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Sir:

     Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 2015 entitled:

"A BILL FOR AN ACT RELATING TO INSURANCE,"

begs leave to report as follows:

The purpose of this measure is to require motor vehicle insurers to pay the general excise tax and certificate of ownership fee to claimants.

The Department of Commerce and Consumer Affairs and GEICO provided comments on this measure.

     Your Committee has amended this measure by, instead of creating a new statutory section, amending section 431:10C-312, Hawaii Revised Statutes, to require motor vehicle insurers to pay the general excise tax and certificate of ownership fee to third-party claimants, in addition to insureds.

     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. 2015, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2015, 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,

____________________________

ANGUS L.K. McKELVEY, Chair