STAND. COM. REP. NO. 499-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 1982
                                     



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

Sir:

     Your Committee on Judiciary and Hawaiian Affairs, to which
was referred H.B. No. 1982 entitled: 

     "A BILL FOR AN ACT RELATING TO UNIFORM DISCLAIMER OF
     PROPERTY INTERESTS ACT,"

begs leave to report as follows:

     The purpose of this bill is to adopt the Uniform Disclaimer
of Property Interests Act (1999) (UDPIA 1999), drafted by the
National Conference of Commissioners on Uniform State Laws,
replacing section 560:2-801, Hawaii Revised Statutes.

     Testimony in support of this bill was provided by the State
Commission to Promote Uniform Legislation.

     Your Committee finds that this measure will enhance
opportunities for families to preserve assets through post mortem
reallocation of interests in estates, trusts, and other kinds of
property holdings in which benefits may be allocated at death.

     As affirmed by the record of votes of the members of your
Committee on Judiciary and Hawaiian Affairs that is attached to
this report, your Committee is in accord with the intent and
purpose of H.B. No. 1982 and recommends that it pass Second
Reading and be placed on the calendar for Third Reading.


 
 
 
 
 
 
                                 STAND. COM. REP. NO. 499-00
                                 Page 2

 
                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Judiciary &
                                   Hawaiian Affairs,



                                   ______________________________
                                   ERIC G. HAMAKAWA, Chair