Bill Text: HI HB1830 | 2010 | Regular Session | Amended

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Bill Title: Bureau of Conveyances; Electronic Recording; Fee Time Share Interest

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [HB1830 Detail]

Download: Hawaii-2010-HB1830-Amended.html

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STAND. COM. REP. NO.  162

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 1830

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Sir:

 

     Your Committee on Water, Land, & Ocean Resources, to which was referred H.B. No. 1830 entitled:

 

"A BILL FOR AN ACT RELATING TO BUREAU OF CONVEYANCES,"

 

begs leave to report as follows:

 

     The purpose of this bill is to improve efficiency in the Bureau of Conveyances (Bureau) by making changes to the recording system for fee simple time share interests, which currently burden the workload of the Bureau.  Specifically, this bill:

 

(1)  Deregisters fee simple time share interests from the land court system (Torrens) by transferring fee simple time share interests from the land court to the Bureau; and

 

(2)  Establishes a pilot program to implement electronic recording of fee simple time share interests.

 

     The Hawaii Association of REALTORS, Wyndham Worldwide, American Resort Development Association-Hawaii, PAHIO Development, Inc., and Marriot Vacation Club International, Inc., testified in support of this bill.  The Department of Land and Natural Resources supported the intent of this measure.  A concerned individual opposed this bill.  The Hawaii Information Consortium, LLC, provided comments. 

 

     As affirmed by the record of votes of the members of your Committee on Water, Land, & Ocean Resources that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1830 and recommends that it pass Second Reading and be referred to the Committees on Consumer Protection & Commerce and Judiciary.

 

 

Respectfully submitted on behalf of the members of the Committee on Water, Land, & Ocean Resources,

 

 

		____________________________ KEN ITO, Chair