STAND. COM. REP. NO. 407-26

Honolulu, Hawaii

, 2026

RE: H.B. No. 1946

H.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2026

State of Hawaii

Madame:

Your Committee on Tourism, to which was referred H.B. No. 1946 entitled:

"A BILL FOR AN ACT RELATING TO REGISTRATION OF TIME SHARES,"

begs leave to report as follows:

The purpose of this measure is to provide that:

(1) Applications for registration renewal required under section 514E-10, Hawaii Revised Statutes, shall be deemed approved upon delivery; and

(2) Any amendment to a required time share plan registration shall be deemed approved by operation of law on the forty-fifth day after the amendment is submitted to the Director of Commerce and Consumer Affairs, unless the Director issues a deficiency letter within that period.

Your Committee received testimony in support of this measure from ARDA-Hawaii; Marriott Vacations Worldwide Corporation; Hilton Grand Vacations; and Travel + Leisure. Your Committee received comments on this measure from the Department of Commerce and Consumer Affairs.

Your Committee finds that time share accommodations are an important part of the State's visitor industry and provide a consistent and steady stream of visitors and revenue. Your Committee further finds that the State's time share registration requirements require developers to file an application with the Department of Commerce and Consumer Affairs for registration renewals or when there is an amendment to the plan. However, review and approval of these filings are often delayed, which impairs the time share industry's ability to maintain and attract time share owners and consumers and prevents consumers from receiving the most current information about purchases of time shares. This measure is intended to streamline the time share registration renewal and amendment filing process by establishing a framework for the automatic approval of certain statutorily required filings.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 3000, to encourage further discussion; and

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

As affirmed by the record of votes of the members of your Committee on Tourism that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1946, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1946, H.D. 1, and be referred to your Committee on Consumer Protection & Commerce.

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

____________________________

ADRIAN K. TAM, Chair