STAND. COM. REP. NO.  982-12


Honolulu, Hawaii

                , 2012


RE:   S.B. No. 2632

      S.D. 1





Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii




     Your Committee on Tourism, to which was referred S.B. No. 2632, S.D. 1, entitled:




begs leave to report as follows:


     The purpose of this measure is to reduce the Land Court recording and registration backlog by:


     (1)  Requiring new fee time share interests to be recorded in the regular system instead of Land Court;


     (2)  Streamlining the process for updating certificates of title for remaining fee time share interests; and


     (3)  Allowing the Bureau of Conveyances to charge a fee for the recording of time share interest deeds.


     American Resort Development Association; Wyndham Vacation Ownership; and SVO Pacific, Inc. testified in support of this measure.  The Department of Land and Natural Resources; the Judiciary; Department of Commerce and Consumer Affairs; and Title Guaranty of Hawaii, Inc. provided comments.


     Your Committee respectfully requests that the Committee on Finance consider the Department of Land and Natural Resources' request to change language in this measure by stating specific recording fees in the Bureau of Conveyances and the Office of Assistant Registrar of the Land Court.


     In addition, your Committee notes the Judiciary's concerns that language in this measure regarding title issues is ambiguous.


     As affirmed by the record of votes of the members of your Committee on Tourism that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2632, S.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Water, Land, & Ocean Resources.



Respectfully submitted on behalf of the members of the Committee on Tourism,