HOUSE OF REPRESENTATIVES
THE TWENTY-SEVENTH LEGISLATURE
REGULAR SESSION OF 2014
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Rep. Angus L.K. McKelvey, Chair |
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Rep. Derek S.K. Kawakami, Vice Chair |
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Rep. Della Au Belatti |
Rep. Chris Lee |
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Rep. Tom Brower |
Rep. Mark M. Nakashima |
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Rep. Romy M. Cachola |
Rep. Marcus R. Oshiro |
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Rep. Richard Creagan |
Rep. Clift Tsuji |
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Rep. Cindy Evans |
Rep. Ryan I. Yamane |
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Rep. Sharon E. Har |
Rep. Bob McDermott |
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Rep. Ken Ito |
Rep. Cynthia Thielen |
NOTICE OF HEARING
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DATE: |
Wednesday, January 29, 2014 |
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TIME: |
2:10 pm |
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PLACE: |
Conference Room 325 State Capitol 415 South Beretania Street |
A G E N D A
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RELATING TO BUSINESS FEES. Reduces by half, or more, the filing, service, copying, and other business fees charged by the DCCA.
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CPC, FIN |
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RELATING TO INSURANCE. Requires the auditor to conduct a study on the feasibility of the State of Hawaii establishing a captive insurance company to manage the State's property and casualty insurance risks. Appropriates funds for the feasibility study. Effective July 1, 2014.
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CPC, FIN |
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RELATING TO PLANNED COMMUNITY ASSOCIATIONS. Provides a remedy for community associations to recover unpaid assessments for a share of common expenses up to the time of a grant or conveyance of property. Entitles both parties to a statement from the board of directors, either directly or through its managing agent or resident manager, setting forth the amount of the unpaid assessments. Relieves the grantee of liability for any unpaid assessments against the grantor in excess of the amount set forth in the statement, except as to the amount of subsequently dishonored checks mentioned in the statement as having been received within the thirty day period immediately preceding the date of such statement.
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CPC, JUD |
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RELATING TO TIME SHARE. Allows prospective purchasers of time share interests to receive printed or electronic copies of the disclosure statement on the time share plan. Amends the renewal process for time share registrations by: permitting the developer to disclose either the total number of time share interests or the total number of points in a time share plan; eliminating the requirement that developers provide title insurance and title reports; and eliminating the requirement that developers file a financial statement.
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CPC, FIN |
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RELATING TO TIME SHARES. Eliminates requirement that a manager of a foreign time share plan register in Hawaii as a time share plan manager. Requires disclosure statement for an offering of a time share plan to disclose that the manager of a foreign time share plan is not registered in Hawaii. Recognizes that an association of time share owners may be any kind of nonprofit or not-for-profit entity. Makes housekeeping amendments.
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CPC, FIN |
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RELATING TO TIME SHARE. Allows disbursement of purchasers' funds to a developer; provided that the developer first posts a bond, letter of credit, or other financial assurance.
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CPC, FIN |
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DECISION MAKING TO FOLLOW
Persons wishing to offer comments should submit testimony no later than 24 hours prior to the hearing. Testimony should indicate:
· Testifier's name with position/title and organization;
· The Committee(s) to which the comments are directed;
· The date and time of the hearing; and
· Measure number.
While every effort will be made to incorporate all testimony received, materials received on the day of the hearing or improperly identified or directed, may be distributed to the Committee after the hearing. Those wishing to provide oral testimony will be limited to two minutes.
Submit testimony in ONE of the following ways:
PAPER: 20 copies (including an original) to Room 314 in the State Capitol;
FAX: For testimony less than 5 pages in length, transmit to 808-586-8437 (Oahu) or 1-800-535-3859 (for Neighbor Islander without a computer to submit testimony through e-mail or the Web); or
WEB: For testimony less than 10MB in size, transmit from http://www.capitol.hawaii.gov/submittestimony.aspx.
Testimony submitted will be placed on the legislative website after the hearing adjourns. This public posting of testimony on the website should be considered when including personal information in your testimony.
If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-6160or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements. Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.
Selected meetings are broadcast live. Check the current legislative broadcast schedule on the "Capitol TV" website at www.capitoltv.org or call 536-2100.
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________________________________________ Rep. Angus L.K. McKelvey Chair |
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