Bill Text: HI HB1456 | 2012 | Regular Session | Amended

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Bill Title: Petroleum Industry; Unfair Trade Practices; Penalties

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [HB1456 Detail]

Download: Hawaii-2012-HB1456-Amended.html

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STAND. COM. REP. NO.  819

 

Honolulu, Hawaii

                , 2011

 

RE:   H.B. No. 1456

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Judiciary, to which was referred H.B. No. 1456 entitled:

 

"A BILL FOR AN ACT RELATING TO THE PETROLEUM INDUSTRY,"

 

begs leave to report as follows:

 

     The purpose of this bill is to increase the effectiveness of petroleum industry unfair trade practices laws that require criminal prosecutions that consume time and limited resources by:

 

     (1)  Making unfair trade practices by the petroleum industry subject to an administrative rather than criminal penalty;

 

     (2)  Eliminating the ceiling of $10,000 for each violation of the unfair trade practices law; and

 

     (3)  Establishing a fine of not more than $5,000 for each day a person is in violation of the unfair trade practices law.

 

     Several concerned individuals testified in support of this bill.

 

     Your Committee has amended this bill by changing its effective date to January 7, 2059, to encourage further discussion.

 

     As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1456, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1456, H.D. 1.

 

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

 

 

		____________________________ GILBERT KEITH-AGARAN, Chair