STAND. COM. REP. NO.  1175-20

 

Honolulu, Hawaii

                , 2020

 

RE:   S.B. No. 2875

      H.D. 1

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 2875 entitled:

 

"A BILL FOR AN ACT RELATING TO MIXED MARTIAL ARTS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to authorize promoters of mixed martial arts events to compensate contestants and their managers in cash.

 

     Your Committee received testimony in support of this measure from the Department of Commerce and Consumer Affairs and one individual.

 

     Your Committee finds that mixed martial arts events are very susceptible to last-minute changes.  For example, a contestant could fail to make weight, which occurs the day before a contest, or could be injured.  When a change occurs at the last minute, promoters often have insufficient time to go to a financial institution to obtain new cashier's or certified checks, which are the only forms of payment allowed under existing law.  This measure would provide promoters with the necessary flexibility to compensate contestants and their managers in a timely manner.

 

     Your Committee has amended this measure by changing its effective date to July 1, 2050, to encourage further discussion.

 

     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. 2875, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2875, H.D. 1, and be referred to your Committee on Finance.

 

 

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

 

 

 

 

____________________________

ROY M. TAKUMI, Chair