STAND. COM. REP. NO. 704-24

Honolulu, Hawaii

, 2024

RE: H.B. No. 1814

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1814, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Require and appropriate funds for the Legislative Reference Bureau to conduct a study on how certain other states approach the following subjects as they relate to condominiums: an ombudsman, licenses for management, alternate dispute resolution, governmental regulation, owner education, and owner access to documents; and

(2) Extend the deadline for the final report and sunset date for the Condominium Property Regime Task Force.

Your Committee received testimony in support of this measure from the Honolulu Tower AOAO; Hawaii Legislative Action Committee Community Associations Institute; Kokua Council; AARP Hawaiʻi; Palehua Townhouse Association; and seven individuals. Your Committee received testimony in opposition to this measure from one individual. Your Committee received comments on this measure from the Legislative Reference Bureau.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1814, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair