STAND. COM. REP. NO.  1348

Honolulu, Hawaii

                , 2017

RE:   S.B. No. 292

      S.D. 1

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committees on Consumer Protection & Commerce and Judiciary, to which was referred S.B. No. 292, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"

beg leave to report as follows:

The purpose of this measure is to eliminate unnecessary confusion caused by maintaining two condominium chapters under Hawaii law by repealing Chapter 514A, Hawaii Revised Statutes, relating to condominium property regimes that were created before July 1, 2006, but not yet brought to market for sale, and ensure all condominiums in the State are governed under Chapter 514B, Hawaii Revised Statutes, relating to condominiums created within the State since 2006.

The Palehua Townhouse Association and several concerned individuals testified in support of this measure.  The Hawaii State Association of Parliamentarians testified in support of the intent of this measure.  The Real Estate Commission and Ekimoto & Morris, LLLC provided comments.

     Your Committees have amended this measure by changing its effective date to July 1, 2059, to facilitate further discussion.

     As affirmed by the records of votes of the members of your Committees on Consumer Protection & Commerce and Judiciary that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 292, S.D. 1, as amended herein, and recommend that it pass Second Reading in the form attached hereto as S.B. No. 292, S.D. 1, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committees on Consumer Protection & Commerce and Judiciary,

____________________________ SCOTT Y. NISHIMOTO, Chair

____________________________ ROY M. TAKUMI, Chair