STAND. COM. REP. NO. 840

Honolulu, Hawaii

, 2019

RE: H.B. No. 154

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 154, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO SERVICE CONTRACTS,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Specify that agreements issued by automobile clubs are exempt from regulation as motor vehicle service contracts; and

(2) Statutorily include certain repair and replacement services within those that may be included in motor vehicle service contracts.

The Motor Vehicle Protection Products Association submitted testimony in support of this measure. The Department of Commerce and Consumer Affairs submitted testimony in opposition to 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 H.B. No. 154, 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