STAND. COM. REP. NO.  1585-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 2233

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 S.B. No. 2233 entitled:

"A BILL FOR AN ACT RELATING TO BUREAU OF CONVEYANCES,"

begs leave to report as follows:

The purpose of this measure is to amend Act 119, Session Laws of Hawaii 2013, as it relates to the voluntary deregistration of fee non-time share interests registered in the Land Court system. 

Specifically, this measure:

     (1)  Extends the sunset date of Act 119 for an additional two years; and

     (2)  Further clarifies the procedures taken after a certificate of title for a fee time share interest is deregistered and marked as cancelled by the assistant registrar.

The Department of Land and Natural Resources and Department of Accounting and General Services testified in support of this measure.  The Judiciary provided comments on this measure.

     Your Committee notes the concerns raised by members of the House regarding the increased workload placed on the Bureau of Conveyances.  However, the Bureau of Conveyances testified that there is a budget request to fund the permanent staff positions needed to carry out the work that this measure requires.  Your Committee supports this budget request as a way to effectuate and carry out the purpose of this bill without creating additional strain on the Bureau to fulfill its other statutory obligations.

     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 S.B. No. 2233 and recommends that it pass Third Reading.

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

____________________________

ANGUS L.K. McKELVEY, Chair