STAND.
COM. REP. NO. 692
Honolulu, Hawaii
, 2025
RE: H.B. No. 992
H.D. 1
Honorable Nadine K. Nakamura
Speaker, House of Representatives
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Madame:
Your Committee on Judiciary & Hawaiian Affairs, to which was referred H.B. No. 992 entitled:
"A BILL FOR AN ACT RELATING TO SOLICITATION OF FUNDS FROM THE PUBLIC,"
begs leave to report as follows:
The purpose of this measure is to:
(1) Revise registration, fee, reporting, and enforcement requirements for charitable fundraising platforms and platform charities that solicit funds from the public; and
(2) Remove duplication of registration, fee, and reporting requirements for charitable fundraising platforms and platform charities.
Your Committee finds that this measure
clarifies and updates Hawaii's law related to the solicitation of funds from
the public by revising registration, reporting, fees, and other regulatory
requirements for charitable fundraising platforms and platform charities.
Your Committee has amended this measure by:
(1) Changing the effective date to January 1, 3000, to encourage further discussion; 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 Judiciary & Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 992, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 992, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Judiciary & Hawaiian Affairs,
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____________________________ DAVID A. TARNAS, Chair |
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