STAND. COM. REP. NO.  1536

 

Honolulu, Hawaii

                , 2015

 

RE:   S.B. No. 743

      S.D. 1

      H.D. 2

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 743, S.D. 1, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO ACTIVITY DESKS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to identify an individual who is responsible for the management and supervision of the activity desk by:

 

     (1)  Requiring that each activity desk designate a principal who shall have direct management and supervision of the activity desk; and

 

     (2)  Requiring the activity desk to disclose the name and contact information of the activity desk principal to a client trust account beneficiary upon request.

 

     The Regulated Industries Complaints Office of the Department of Commerce and Consumer Affairs and the Activity Desks Program of the Department of Commerce and Consumer Affairs testified in support of this measure with amendments.

 

     Your Committee has amended this measure by specifying that it shall take effect on July 1, 2015; provided that for current registrants registered with the Department of Commerce and Consumer Affairs (Department) prior to July 1, 2015, the required disclosure of an activity desk principal to the Department shall commence with the registration renewal required for registrations that expire on December 31, 2017.

 

     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. 743, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 743, S.D. 1, H.D. 2.

 

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

 

 

 

 

____________________________

ANGUS L.K. McKELVEY, Chair