STAND. COM. REP. NO.913

Honolulu, Hawaii

, 2001

RE: S.B. No. 175

S.D. 2

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Tourism and Culture, to which was referred S.B. No. 175, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO TIME SHARING PLANS,"

begs leave to report as follows:

The purpose of this measure is to eliminate the requirement that time share sales and acquisition agents register with the Department of Commerce and Consumer Affairs (DCCA).

Your Committee received testimony in favor of this measure from the DCCA, American Resort Development Association of Hawaii, Hilton Grand Vacations Club-Hawaii, Pahio Resorts, Inc., and The Bay Club Ownership Resort, Inc.

Your Committee finds that the requirement for time share agents and acquisition agents who are already licensed as real estate brokers or real estate salespersons to register with the DCCA is duplicative and unnecessary.

As affirmed by the record of votes of the members of your Committee on Tourism and Culture that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 175, S.D. 2, and recommends that it pass Second Reading and be referred to the Committee on Consumer Protection and Commerce.

 

Respectfully submitted on behalf of the members of the Committee on Tourism and Culture,

____________________________

JERRY CHANG, Chair