STAND. COM. REP. NO.  1079-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 2368

      S.D. 1

      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 S.B. No. 2368, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE PROTECTION OF CHARITABLE ASSETS,"

begs leave to report as follows:

The purpose of this measure is to assist in the clarification of the Attorney General's powers, duties, and responsibilities in the enforcement of the proper application and use of charitable assets, regardless of the form in which they are held, by codifying section 3 of the Model Protection of Charitable Assets Act.

The Department of the Attorney General and Commission to Promote Uniform Legislation testified in support of this measure.

     Your Committee has amended this measure by:

     (1)  Changing its effective date to December 21, 2112, to encourage further discussion; and

     (2)  Making technical, nonsubstantive amendments for 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 S.B. No. 2368, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2368, S.D. 1, 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