Bill Text: HI SB2394 | 2012 | Regular Session | Amended

Hawaii Senate Bill 2394 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Consumer Protection; Lending Practices; Military Members; Distressed Residential Properties Program

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2012-04-26 - (S) Conference committee meeting to reconvene on 04-27-12 12:45PM in conference room 312. [SB2394 Detail]

Download: Hawaii-2012-SB2394-Amended.html

STAND. COM. REP. NO. 1059-12

Honolulu, Hawaii

, 2012

RE: S.B. No. 2394

S.D. 1

H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

Your Committee on Public Safety & Military Affairs, to which was referred S.B. No. 2394, S.D. 1, entitled:

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

begs leave to report as follows:

The purpose of this measure is to protect members of the armed forces from abusive lending practices by authorizing the Director of Commerce and Consumer Affairs to enforce certain federal laws to protect military members and their families from these practices.

The Office of Consumer Protection of the Department of Commerce and Consumer Affairs, The Chamber of Commerce of Hawaii, and Legislative Committee of the Oahu Veterans Council testified in support of this bill. The Office of the Assistant Secretary of Defense, Military Community & Family Policy DoD-State Liaison Office provided comments.

Your Committee has amended this measure by making technical, nonsubstantive amendments for clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Public Safety & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2394, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2394, S.D. 1, H.D. 1, and be referred to the Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Public Safety & Military Affairs,

____________________________

HENRY J.C. AQUINO, Chair