STAND.
COM. REP. NO. 1178-20
Honolulu, Hawaii
, 2020
RE: S.B. No. 2421
S.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2020
State of Hawaii
Sir:
Your Committees on Consumer Protection & Commerce and Judiciary, to which was referred S.B. No. 2421, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO CONDOMINIUM ASSOCIATIONS,"
beg leave to report as follows:
Your Committees find that Act 195 created important and effective rules relating to association foreclosures on condominiums; however, Act 195 is scheduled to sunset on June 30, 2020. These rules help protect condominium owners by, among other things, enabling owners to initiate a dispute over non-essential fees or penalties prior to being forced to pay these assessments. This measure makes permanent the consumer protections contemplated by Act 195 by repealing its sunset date.
As affirmed by the records of votes of the members of your Committees on Consumer Protection & Commerce and Judiciary that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 2421, S.D. 1, and recommend that it pass Second Reading and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committees on Consumer Protection & Commerce and Judiciary,
____________________________ CHRIS LEE, Chair |
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____________________________ ROY M. TAKUMI, Chair |
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