CONFERENCE COMMITTEE REP. NO. 105-10
Honolulu, Hawaii
, 2010
RE: S.B. No. 1062
S.D. 1
H.D. 1
C.D. 1
Honorable Colleen Hanabusa
President of the Senate
Twenty-Fifth State Legislature
Regular Session of 2010
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2010
State of Hawaii
Madam and 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. 1062, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO PROFESSIONAL EMPLOYER ORGANIZATIONS,"
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:
(1) Require professional employer organizations to register with the Insurance Commissioner, and to specify requirements for registration; and
(2) Require a professional employer organization to post a bond in an unspecified amount.
Your Committee on Conference finds that this measure will clarify the requirements for professional employer organizations for both these organizations and the businesses they service.
Your Committee on Conference has amended this measure by:
(1) Moving the regulation of professional employer organizations from the Insurance Commissioner under the Department of Commerce and Consumer Affairs to the Department of Labor and Industrial Relations, and changing all internal references to reflect this change;
(2) Setting the bond required to be posted by professional employer organizations at $250,000; and
(3) Changing the effective date from July 1, 2020, to upon approval; provided that the registration requirements shall take effect on July 1, 2011.
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. 1062, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 1062, S.D. 1, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE HOUSE |
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ON THE PART OF THE SENATE |
____________________________ KARL RHOADS, Co-Chair |
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____________________________ ROSALYN H. BAKER, Chair |
____________________________ ANGUS L.K. MCKELVEY, Co-Chair |
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____________________________ ROBERT N. HERKES, Co-Chair |
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____________________________ KYLE T. YAMASHITA, Co-Chair |
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