CONFERENCE COMMITTEE REPORT NO.107

                            Honolulu, Hawaii
                                            , 2000

                            RE:   S.B. No. 3160
                                  S.D. 2
                                  H.D. 2
                                  C.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
Senate to the amendments proposed by the House of Representatives
in S.B. No. 3160, S.D. 2, H.D. 2, entitled:  

     "A BILL FOR AN ACT RELATING TO THE SALE OF RESIDENTIAL
     CONDOMINIUM APARTMENTS TO OWNER-OCCUPANTS," 

having met, and after full and free discussion, has agreed to
recommend and does recommend to the respective Houses the final
passage of this bill in an amended form.

     The purpose of this measure is to streamline owner-occupancy
sales requirements for condominiums set forth in part VI of
chapter 514A, Hawaii Revised Statutes, by giving priority to
owner-occupants for sales of residential condominium apartments
without hampering a developer's need for flexibility in the ever-
changing real estate market.  This measure:

     (1)  Simplifies the list of items required in the
          announcement under section 514A-102, Hawaii Revised
          Statutes (HRS);


 
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     (2)  Allows a developer to substitute an apartment
          designated for owner-occupants with an apartment not so
          designated without requiring a supplemental report;
          provided the units are sufficiently similar;

     (3)  Allows an owner-occupant to convey the apartment into a
          trust for estate planning purposes within three hundred
          sixty-five days from execution of an owner-occupant
          affidavit; provided the apartment is used as the
          principal residence; and

     (4)  Simplifies the provisions and procedures relating to
          the sale of residential apartments to owner-occupants.

     Upon further consideration, your Committee has amended this
measure by:

     (1)  Excluding from the amended definition of "residential
          apartment", any other use pursuant to authority granted
          by law to a county; and

     (2)  Making technical, non-substantive amendments to conform
          this measure with the preferred drafting style.

     As affirmed by the record of votes of the managers of your
Committee on Conference that is attached to this report, your
Committee on Conference is in accord with the intent and purpose
of S.B. No. 3160, S.D. 2, H.D. 2, as amended herein, and
recommends that it pass Final Reading in the form attached hereto
as S.B. No. 3160, S.D. 2, H.D. 2, C.D. 1.

                                   Respectfully submitted on
                                   behalf of the managers:

  ON THE PART OF THE HOUSE           ON THE PART OF THE SENATE




_____________________________     _______________________________
Rep. RON MENOR                    Sen. ROD TAM
Co-Chair                          Co-Chair



_____________________________     _______________________________
Rep. BRIAN Y. YAMANE              Sen. JONATHAN CHUN
Co-Chair                          Co-Chair

 
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