THE SENATE
THE TWENTY-SECOND LEGISLATURE
REGULAR SESSION OF 2003
COMMITTEE ON COMMERCE, CONSUMER PROTECTION, AND HOUSING |
Senator Ron Menor, Chair |
Senator Rosalyn H. Baker, Vice Chair |
COMMITTEE ON TRANSPORTATION, MILITARY AFFAIRS, AND GOVERNMENT OPERATIONS |
Senator Cal Kawamoto, Chair |
Senator Willie C. Espero, Vice Chair |
NOTICE OF HEARING
DATE: |
Tuesday, February 18, 2003 |
TIME: |
9:00 a.m. |
PLACE: |
Conference Room 016 State Capitol 415 South Beretania Street |
A G E N D A
CPH/TMG
SB 1057 |
RELATING TO THE INSURANCE COMMISSIONER. Authorizes the Governor, rather than the Director of DCCA, to appoint the Insurance Commissioner, subject to the advice and consent of the Senate. |
CPH/TMG |
CPH ONLY
SB 295 |
RELATING TO MOTOR VEHICLE TOWING. Places tow charge and storage fees under the jurisdiction of the DCCA. |
CPH |
SB 481 |
RELATING TO THE MOTOR VEHICLE RENTAL INDUSTRY. Allows the payment or receipt of indirect commissions from the sale of collision damage waivers for rental vehicles. |
CPH |
SB 482 |
RELATING TO THE MOTOR VEHICLE RENTAL INDUSTRY. Clarifies how diminution in value of a damaged vehicle is determined under the Motor Vehicle Rental Industry Act. |
CPH |
SB 678 |
RELATING TO INSURANCE. Changes the records retention requirement for property and casualty insurance adjusters and independent bill reviewers from five to eight years. |
CPH |
SB 1317 |
RELATING TO INSURANCE. Makes technical amendments to insurance statutes, and conform insurance and other statutes to the producer license model act |
CPH |
SB 1323 |
RELATING TO INSURANCE. Provides the insurance commissioner with discretionary authority to waive filing requirements for foreign health maintenance organizations. |
CPH |
SB 1058 |
RELATING TO CAPTIVE INSURANCE. Allows captive insurers to invest in bonds, certificates, and other obligations of an agency or instrumentality established or chartered by the United States Congress, that are exempt from registration under the Securities Act of 1933, "exempted securities" under the Securities Exchange Act of 1934, and rated "A" or higher by a rating agency recognized by the commissioner. Allows captive insurers to invest in common trust funds and mutual funds described in section 431:6-322, HRS, that are only comprised of public obligations as specified in section 431:6-301, or investments allowed under section 431:19-110(b), or a combination thereof. |
CPH |
SB 1200 |
RELATING TO CAPTIVE INSURANCE. Substitutes "certificate of authority" for "license" and "articles of incorporation" for "charter" and makes other clarifying amendments to captive insurance company law. |
CPH |
DECISION MAKING TO FOLLOW, IF TIME PERMITS.
Persons wishing to testify should submit 25 copies of their testimony to the committee clerk, Room 219, State Capitol 24 hours prior to the hearing. Testimony may also be faxed if less than 5 pages in length, to the Senate Sergeant-At-Arms Office at 586-6659 or 1-800-586-6659 (toll free for neighbor islands), at least 24 hours prior to the hearing. When faxing, please indicate to whom the testimony is being submitted, the date and time of the hearing, and the required number of copies needed for submittal.
If you require special assistance or auxiliary aids or services to participate in the public hearing process (i.e., sign language interpreter, wheelchair accessibility, or parking designated for the disabled) please contact the committee clerk 24 hours prior to the hearing so arrangements can be made.
Public Folder. A folder labeled "Public Folder" containing the measures and testimonies for the hearing will be available for shared use by members of the public.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-6740.
________________________________________ Senator Cal Kawamoto Chair |
________________________________________ Senator Ron Menor Chair |
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