STAND. COM. REP. NO.  893

 

Honolulu, Hawaii

                , 2011

 

RE:   H.B. No. 1240

      H.D. 2

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1240, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO MOTOR VEHICLE RENTAL,"

 

begs leave to report as follows:

 

     The purpose of this bill is to provide for a more equitable means for motor vehicle rental companies to recover vehicle licensing fees by allowing them to calculate the licensing, registration, and inspection fees and weight taxes passed on to consumers based on a good-faith estimate of actual cost.

 

     EAN Holdings, LLC, supported this bill.  The Office of Consumer Protection opposed this bill.

 

     Your Committee has amended this bill by changing its effective date to July 1, 2030, to promote further discussion.

 

     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. 1240, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1240, H.D. 2.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair