STAND. COM. REP. NO. 139

Honolulu, Hawaii

, 2019

RE: H.B. No. 985

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 985 entitled:

"A BILL FOR AN ACT RELATING TO FORMS SUBMITTED TO THE INSURANCE COMMISSIONER,"

begs leave to report as follows:

The purpose of this measure is to improve and streamline the administrative process by eliminating the requirement that vehicle protection product warrantors and service contract providers include a copy of each warranty or service contract form proposed for use in the State in registration and annual update filings with the Insurance Commissioner.

The Insurance Division of the Department of Commerce and Consumer Affairs and Motor Vehicle Protection Products Association testified in support of this measure.

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. 985 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 Consumer Protection & Commerce,

____________________________

ROY M. TAKUMI, Chair