STAND. COM. REP. NO. 78-20

Honolulu, Hawaii

, 2020

RE: H.B. No. 1724

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 1724 entitled:

"A BILL FOR AN ACT RELATING TO GIFT CERTIFICATES,"

begs leave to report as follows:

The purpose of this measure is to clarify that county-issued stored-value cards are not subject to the State's law that outlines unfair and deceptive practices with respect to gift certificates.

Your Committee received testimony in support of this measure from the Department of Transportation Services of the City and County of Honolulu.

Your Committee finds counties are modernizing the methods of payment for services they provide through the use of reloadable cards. Your Committee further finds that the law on gift certificates under the State's unfair or deceptive acts or practices could be clarified to explicitly disapply that law to these county-issued stored-value cards.

Your Committee has amended this measure by changing the effective date to July 1, 2050, to encourage further discussion.

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. 1724, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1724, H.D. 1, 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