CONFERENCE COMMITTEE REP. NO.4

Honolulu, Hawaii

, 2001

RE: S.B. No. 178

S.D. 2

H.D. 1

C.D. 1

 

 

Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

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. 178, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUM PROPERTY REGIMES,"

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 require a time share developer to register with the real estate commission prior to offering apartments for sale to the public for the first time, and to exempt time share plans registered under the time share law and required to provide disclosure to consumers under that law, from duplicative condominium disclosure requirements.

Upon further consideration, your Committee on Conference amended the measure to:

(1) Replace "nothing in this section" language with "notwithstanding any other provision to the contrary" language throughout; and

(2) Make a nonsubstantive format change.

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. 178, S.D. 2, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 178, S.D. 2, H.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE HOUSE

ON THE PART OF THE SENATE

____________________________

JERRY CHANG, Co-Chair

____________________________

DONNA MERCADO KIM, Chair

____________________________

KENNETH T. HIRAKI, Co-Chair

____________________________

RON MENOR, Co-Chair