STAND. COM. REP. NO.  259-14

Honolulu, Hawaii

                , 2014

RE:   H.B. No. 2482

      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. 2482 entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"

begs leave to report as follows:

The purpose of this measure is to make technical, nonsubstantive amendments to the State's condominium law.

The Hawaii Council of Associations of Apartment Owners, Hawaii State Association of Parliamentarians, and an individual testified in support of this measure.  The Hawaii Real Estate Commission provided comments on this measure.

     Your Committee has amended this measure by:

     (1)  Removing certain amendments that are substantive changes with unintended consequences to the State's condominium law in sections 514B-145(g), 514B-146(f), and 514B-149(c), Hawaii Revised Statutes;

     (2)  Clarifying that the approval of a lease rent collection system and an annual audit of an association's financial accounts and cash balance may be waived at an association meeting by a majority vote of all the unit owners if the association is composed of less than 20 units;

     (3)  Changing the effective date to July 1, 2112, to encourage further discussion; and

     (4)  Making technical, nonsubstantive amendments for style, clarity, and consistency.

     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. 2482, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2482, H.D. 1, and be referred to the Committee on Judiciary.

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

____________________________

ANGUS L.K. McKELVEY, Chair