STAND. COM. REP. NO. 2955

Honolulu, Hawaii

RE: S.B. No. 3023

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2022

State of Hawaii

Sir:

Your Committee on Judiciary, to which was referred S.B. No. 3023, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO REAL ESTATE BROKERS,"

begs leave to report as follows:

The purpose and intent of this measure is to allow the Real Estate Commission to revoke or suspend a license, or fine a licensee, for advertising, promoting, representing, receiving any renumeration for, or offering for rent any transient vacation units and whole-home short-term rentals unless the unit or rental is permitted by the relevant county.

Your Committee received testimony in support of this measure from the Real Estate Commission and three individuals. Your Committee received comments on this measure from the Hawai‘i Association of REALTORS.

Your Committee finds that illegal transient vacation units and whole-home short-term rentals adversely affect housing availability and affordability for Hawai‘i residents. Some real estate agents are directly or indirectly involved in the unauthorized short-term vacation rental industry. This measure prohibits real estate agents from advertising, promoting, representing, receiving renumeration for, or offering for rent any illegal vacation unit or whole-home short-term rental.

As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 3023, S.D. 1, and recommends that it pass Third Reading.

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

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KARL RHOADS, Chair