STAND. COM. REP. NO. 3194

Honolulu, Hawaii

RE: S.B. No. 2871

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2871, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PROFESSIONAL AND VOCATIONAL LICENSING TRUST FUNDS,"

begs leave to report as follows:

The purpose and intent of this measure is to authorize the Contractors License Board and the Real Estate Commission to make findings and adjustments of recovery fund and education fund fees when fund levels are adequate to carry out the statutory mandates for which the funds were created.

Your Committee received written comments in support of this measure from the Professional and Vocational Licensing Division of the Department of Commerce and Consumer Affairs, Real Estate Commission of the Professional and Vocational Licensing Division of the Department of Commerce and Consumer Affairs, Associa, Community Associations Institute Legislative Action Committee, and General Contractors Association of Hawaii.

Your Committee finds that this measure will ensure that the respective funds are regulated in a manner such that consumers do not overpay for the services that the fees are meant to address.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and

(2) Making technical nonsubstantive changes for purposes of clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2871, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2871, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair