STAND. COM. REP. NO. 678-10
RE: S.B. No. 2602
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2010
State of Hawaii
Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 2602 entitled:
"A BILL FOR AN ACT RELATING TO REAL ESTATE LICENSEES,"
begs leave to report as follows:
The purpose of this bill is to improve the ability of real estate licensees to provide quality services by:
(1) Increasing the mandatory continuing education hours for these licensees, from 10 hours to at least 20 hours in a two-year period; and
(2) Requiring real estate licensees to have a high school diploma or its equivalent, as determined by the Real Estate Commission (Commission).
The Commission, Hawaii Association of REALTORS, and Hawaii League of Young Real Estate Professionals testified in support of this bill.
Your Committee has amended this bill by:
(1) Eliminating the provision requiring every real estate licensee to have a high school diploma or its equivalent; and
(2) Making technical, nonsubstantive amendments for clarity and style.
As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2602, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2602, H.D. 1, and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,
ROBERT N. HERKES, Chair