STAND. COM. REP. NO. 500-18

Honolulu, Hawaii

, 2018

RE: H.B. No. 2596

H.D. 2

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 2596, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE UNIFORM CERTIFICATE OF TITLE FOR VESSELS ACT,"

begs leave to report as follows:

The purpose of this measure is to require certain vessel owners to apply for a certificate of title within twenty days of becoming an owner or within twenty days of establishing principal use of the vessel in waters of the State. This measure also establishes the information required in an application for a certificate of title, process for a transfer of vessel ownership and title, rights of a secured party, and rights of a purchaser other than a secured party.

The Department of Land and Natural Resources and Commission to Promote Uniform Legislation supported this measure. The Civil Beat Law Center for the Public Interest provided comments.

Your Committee has amended this measure by incorporating the amendments provided by the Department of Land and Natural Resources (Department), that specified that any vessel owners who have a valid certificate of number with the Department as of the effective date of this measure are only required to obtain a certificate of title to the vessel at the time of renewal.

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 H.B. No. 2596, H.D. 1, as amended herein, and recommends that it be referred to your Committee on Finance in the form attached hereto as H.B. No. 2596, H.D. 2.

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

____________________________

ROY M. TAKUMI, Chair