STAND. COM. REP. NO. 854

Honolulu, Hawaii

, 2021

RE: H.B. No. 333

H.D. 3

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 333, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO PEER-TO-PEER CAR-SHARING,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Establish rules, regulations, and procedures for peer-to-peer car-sharing; and

(2) Establish a Peer-to-Peer Car-Sharing Surcharge Tax on the operator of a peer-to-peer car-sharing program.

Your Committee received testimony in support of this measure from the Internet Association, TechNet, Enterprise Holdings, and Turo, Inc. Your Committee received testimony in opposition to this measure from the Hawaii Association for Justice. Your Committee received comments on this measure from the Department of Taxation, Insurance Division of the Department of Commerce and Consumer Affairs, Office of Consumer Protection of the Department of Commerce and Consumer Affairs, Department of Transportation, and Tax Foundation of Hawaii.

Your Committee has amended this measure by:

(1) Clarifying the excluded coverage for motor vehicles made available for rent, sharing, or hire in motor vehicle insurance policies; and

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

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. 333, H.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 333, H.D. 3.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair