STAND. COM. REP. NO.  1247-16

Honolulu, Hawaii

                , 2016

RE:   S.B. No. 2910

      S.D. 2

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 2910, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO TIME SHARE COMMISSIONERS OF DEEDS,"

begs leave to report as follows:

The purpose of this measure is to assist in the implementation of the Commissioners of Deeds Program (Program) within the Office of the Lieutenant Governor by:

     (1)  Clarifying the Lieutenant Governor's rulemaking authority and responsibility for the Program;

     (2)  Authorizing the Lieutenant Governor to assess and collect fees and administrative fines for the Program;

     (3)  Increasing the surety bond requirement for Commissioners of Deeds; and

     (4)  Appropriating funds for the establishment and administration of the Program.

The Office of the Lieutenant Governor; Department of the Attorney General; Department of Commerce and Consumer Affairs; Department of Land and Natural Resources; ARDA Hawaii; Wyndham Vacation Ownership; and Starwood Vacation Ownership supported this measure.

     Your Committee has amended this measure by:

     (1)  Changing the appropriation to an unspecified amount; and

     (2)  Changing its effective date to July 1, 2112, to encourage further discussion.

Should the Committee on Finance further deliberate on this measure, your Committee respectfully requests that it insert an amount of $60,000.

     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. 2910, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2910, S.D. 2, H.D. 1, and be referred to your Committee on Finance.

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

____________________________

ANGUS L.K. McKELVEY, Chair