STAND. COM. REP. NO. 793
RE: S.B. No. 809
Honorable Ronald D. Kouchi
President of the Senate
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Your Committee on Commerce, Consumer Protection, and Health, to which was referred S.B. No. 809 entitled:
"A BILL FOR AN ACT RELATING TO SERVICE CONTRACTS,"
begs leave to report as follows:
The purpose and intent of this measure is to clarify that the scope of service contracts regulated by the Insurance Commissioner includes contracts for certain motor vehicle repair and replacement services.
Your Committee received testimony in support of this measure from the Motor Vehicle Protection Products Association.
Your Committee finds that service contracts offer consumers benefits not covered under traditional automobile insurance policies or that usually cost less than common automobile insurance policy deductibles. This measure clarifies the scope of products that may be offered as service contracts, which will promote uniformity and minimize confusion or dispute over the regulatory status of these products.
As affirmed by the record of votes of the members of your Committee on Commerce, Consumer Protection, and Health that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 809 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Commerce, Consumer Protection, and Health,
ROSALYN H. BAKER, Chair