STAND. COM. REP. NO. 119

Honolulu, Hawaii

, 2019

RE: H.B. No. 777

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 Water, Land, & Hawaiian Affairs, to which was referred H.B. No. 777 entitled:

"A BILL FOR AN ACT RELATING TO RECORDATION TRANSACTION FEES,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Expand the application of the transaction fee established by Act 120, Session Laws of Hawaii 2009 for transactions related to deregistered land to apply to all transactions in the Bureau of Conveyances and the Land Court and to authorize use of proceeds for modernization of records and operations of both agencies; and

(2) Amend the automatic repeal of the transaction fee by specifying that the fee shall be repealed upon the earlier of adoption of applicable administrative rules or July 1, 2022.

The Department of Land and Natural Resources supported this measure.

Your Committee has amended this measure by:

(1) Changing its effective date to July 1, 2050, to encourage further discussion; and

(2) Making technical, nonsubstantive amendments for clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Water, Land, & Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 777, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 777, H.D. 1, and be referred to your Committees on Consumer Protection and Commerce and Judiciary.

Respectfully submitted on behalf of the members of the Committee on Water, Land, & Hawaiian Affairs,

____________________________

RYAN I. YAMANE, Chair