THE TWENTY-EIGHTH LEGISLATURE
REGULAR SESSION OF 2016
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Senator Rosalyn H. Baker, Chair |
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Senator Michelle N. Kidani, Vice Chair |
AMENDED AMENDED NOTICE OF HEARING
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DATE: |
Friday, February 19, 2016 |
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TIME: |
9:00am |
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PLACE: |
Conference Room 229 State Capitol 415 South Beretania Street |
A M E N D E D A M E N D E D A G E N D A
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RELATING TO COOPERATIVE HOUSING CORPORATIONS. Allows a board of directors of a cooperative housing corporation to authorize the installation of separate utility meters for each dwelling unit; provided that the corporation pays the cost of installing the meters.
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CPH |
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RELATING TO REAL ESTATE LICENSEE ADVERTISING. Provides definitions of "advertising" and "solicitation materials" as they apply to the regulation of real estate brokers and salespersons. Specifies information that must be included on advertising and solicitation materials.
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CPH |
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RELATING TO SELF-STORAGE INSURANCE. Authorizes the Insurance Commissioner to issue limited licenses to self-storage facilities so that the facilities may sell to their tenants property insurance that covers the tenants' stored property.
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CPH |
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RELATING TO MOTOR VEHICLE INSURANCE. Establishes motor vehicle insurance requirements for transportation network companies and transportation network company drivers.
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CPH |
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RELATING TO INSURANCE. Requires the Insurance Commissioner to determine whether residential property insurance is unavailable due to a moratorium on insurance policies in a lava zone during a state of emergency due to lava flow.
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CPH |
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RELATING TO THE INSURANCE HOLDING COMPANY SYSTEM. Adopts revisions to the National Association of Insurance Commissioners' model law on the Insurance Holding Company System Regulatory Act.
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CPH |
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RELATING TO CONSUMER CREDIT REPORTING AGENCIES. Requires a consumer credit reporting agency to create a protective record for protected consumers, including minors under the age of eighteen and incapacitated persons, who do not have an existing credit report. Permits a representative of a protected person to place a security freeze on a protected consumer's credit report or protective record.
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CPH |
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RELATING TO CHECK CASHING. Specifies a customer has the right to rescind a deferred deposit by returning the principal amount used to fund the deferred deposit within a specified time frame. Permits customers to convert a deferred deposit into an installment loan plan in certain circumstances and specifies requirements for the installment loan plan. Protects against harmful collection practices. Defines annual percentage rate. Requires a check casher to provide a written agreement to a customer that clearly discloses specific information relating to the cost and fees associated with the deferred deposit, among other things. Caps the annual percentage rate at no more than thirty-six per cent for deferred deposit of a personal check. Permits prepayment of deferred deposit agreements with no additional fees.
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CPH |
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RELATING TO INSURANCE. Amends definitions of "adjuster" and "public adjuster". Adds definitions for "insurance appraiser" and "insurance umpire".
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CPH [Measure added on 02-12-16] |
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Decision Making to follow, if time permits.
Click here to submit testimony to the Senate Committee on Commerce, Consumer Protection, and Health.
Testimony may be submitted up to 24 hours prior to the start of the hearing.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are underscored. If a measure is both underscored and stricken through, that measure has been deleted from the agenda.
If you require auxiliary aids or services to participate in the public hearing process (i.e. ASL or foreign language interpreter, or wheelchair accessibility), please contact the committee clerk at least 24 hours prior to the hearing so that arrangements can be made.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT (808) 586-6070.
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_____________________________________ Senator Rosalyn H. Baker Chair |