STAND. COM. REP. NO. 504

Honolulu, Hawaii

, 2019

RE: H.B. No. 1127

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Intrastate Commerce, to which was referred H.B. No. 1127 entitled:

"A BILL FOR AN ACT RELATING TO THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS,"

begs leave to report as follows:

The purpose of this measure is to appropriate funds for the operating budget of the Department of Commerce and Consumer Affairs Insurance Regulatory Services Division for the fiscal biennium 2019-2021.

Your Committee received written comments in support of this measure from the Department of Commerce and Consumer Affairs.

Your Committee finds that the Department of Commerce and Consumer Affairs Insurance Regulatory Services Division fills a vital role by overseeing the State's insurance industry, and this measure would support the division's operating and personnel needs.

As affirmed by the record of votes of the members of your Committee on Intrastate Commerce that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1127 and recommends that it pass Second Reading and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Intrastate Commerce,

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TAKASHI OHNO, Chair