STAND. COM. REP. NO.  1680

 

Honolulu, Hawaii

                , 2017

 

RE:   S.B. No. 948

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 948, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO GOVERNMENTAL RETENTION OF ATTORNEYS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to increase the efficiency and capacity of the Division of Financial Institutions (Division) of the Department of Commerce and Consumer Affairs (DCCA) by allowing the Division to employ or retain attorneys without limiting the Division's hiring authority to only actions involving the Mortgage Loan Recovery Fund.

 

     DCCA submitted testimony in support of this measure.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 948, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

 

 

____________________________

SYLVIA LUKE, Chair