CONFERENCE COMMITTEE REP. NO. 39

 

Honolulu, Hawaii

                 , 2021

 

RE:    H.B. No. 1192

       H.D. 1

       S.D. 2

       C.D. 1

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

 

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

 

Sirs:

 

     Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 1192, H.D. 1, S.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO CONSUMER PROTECTION,"

 

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

 

     The purpose of this measure is to:

 

     (1)  Establish a framework for providing new, viable installment loan transactions; and

 

     (2)  Repeal the statutory authorization for deferred deposit transactions in the State.


     Your Committee on Conference has amended this measure by:

 

     (1)  Specifying that the late filing fees for an installment lender's failure to file an annual report or pay the annual renewal fee are to be assessed on a per day basis, rather than per business day;

 

     (2)  Changing the effective date to July 1, 2021; and

 

     (3)  Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

 

     As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 1192, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 1192, H.D. 1, S.D. 2, C.D. 1.

 

 

Respectfully submitted on behalf of the managers:

 

ON THE PART OF THE SENATE

 

ON THE PART OF THE HOUSE

 

____________________________

ROSALYN H. BAKER

Chair

 

____________________________

AARON LING JOHANSON

Co-Chair

____________________________

J. KALANI ENGLISH

Co-Chair

 

____________________________

TY J.K. CULLEN

Co-Chair

____________________________

KARL RHOADS

Co-Chair