STAND. COM. REP. NO. 1247-20
RE: S.B. No. 2425
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2020
State of Hawaii
Your Committee on Finance, to which was referred S.B. No. 2425, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"
begs leave to report as follows:
The purpose of this measure is to make permanent statutory amendments pertaining to alternative dispute resolutions for disputes between condominium associations and unit owners enacted by Act 196, Session Laws of Hawaii 2018.
Your Committee received testimony in support of this measure from the Real Estate Commission, Hawaii Council of Associations of Apartment Owners, Palehua Townhouse Association, Associa, Community Associations Institute, and seven individuals.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2425, S.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
SYLVIA LUKE, Chair