Bill Text: HI SB2770 | 2012 | Regular Session | Amended

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Bill Title: Collection Agencies; Exempt Out-of-State; Limitations; Disciplinary Action; Fines

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2012-03-08 - (H) Referred to CPC, FIN, referral sheet 41 [SB2770 Detail]

Download: Hawaii-2012-SB2770-Amended.html

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STAND. COM. REP. NO. 2627

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 2770

       S.D. 1

 

 

 

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 2770 entitled:

 

"A BILL FOR AN ACT RELATING TO COLLECTION AGENCIES,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to:

 

     (1)  Clarify and strengthen the enforcement provisions that apply to out-of-state collection agencies that are designated by the Department of Commerce and Consumer Affairs as exempt from licensure under Chapter 443B, Hawaii Revised Statutes; and

 

     (2)  Increase fines for collection agencies governed under Chapter 443B, Hawaii Revised Statutes.

 

     Written comments in support of this measure were submitted by the Department of Commerce and Consumer Affairs.

 

     Your Committee finds that the number of exempt out-of-state collection agencies operating in the State has more than doubled since 2004, while the number of registered collection agencies has remained relatively stable.  This measure would strengthen the ability of the Department of Commerce and Consumer Affairs to oversee the growing number of exempt out-of-state collection agencies and provide adequate safeguards for Hawaii consumers.

 

     Your Committee has amended this measure by:

 

     (1)  Adding a savings clause to clarify the applicability of the measure to matters preceding its effective date;

 

     (2)  Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and

 

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

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2770, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2770, S.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

		____________________________ DAVID Y. IGE, Chair