Requesting The Regulated Industries Complaints Office To Report The Itemized Total Amount Of Fines Or Judgments Collected And Uncollected Each Year, And To Include That Information In The Director Of Commerce And Consumer Affairs' Annual Compliance Resolution Fund Report.
Impact
The resolution emphasizes the role of RICO as an enforcement agency that oversees over one hundred seventy thousand active licensees across fifty-two different regulated industries. By requiring RICO to report on the financial outcomes of its enforcement actions, this bill could lead to improved operational efficiency and enhanced consumer protection. Notably, this will shed light on the financial aspects of RICO's function, including not only the successes but also the shortcomings in collecting fines, which could inform future policy adjustments.
Summary
SCR131 is a concurrent resolution from the State of Hawaii's Thirty-second Legislature requesting that the Regulated Industries Complaints Office (RICO) provide a detailed report of the total fines and judgments collected and uncollected from 1983 to the present. This measure aims to enhance transparency and accountability within the office by ensuring that both the Governor and Legislature are equipped with clear data regarding financial recoveries related to regulated professions which significantly impact public welfare.
Sentiment
The sentiment surrounding SCR131 appears largely positive, particularly among proponents of government transparency and efficacy. Advocates believe that the resolution will provide much-needed insight into the operations of RICO, promoting better management practices and public confidence in regulatory processes. However, there may be some contention or concern regarding the feasibility of collecting historical data, especially regarding uncollected fines, and how that might reflect on RICO's performance.
Contention
While the overall intent of SCR131 is to promote transparency, a potential point of contention lies in the practical challenges of gathering and reporting this extensive historical data. Moreover, stakeholders may debate the implications of highlighting uncollected fines; whether this will be seen as an indication of RICO’s inefficiency could lead to discussions about resource allocation and operational effectiveness in future sessions.
Requesting The Director Of Commerce And Consumer Affairs To Convene A Working Group To Study And Devise Comprehensive Strategies To Restore Accessible Insurance Options To Residents And Commercial Businesses In Lava Zones 1 And 2.
Requesting The Director Of Commerce And Consumer Affairs To Convene A Working Group To Study And Devise Comprehensive Strategies To Restore Accessible Insurance Options To Residents And Commercial Businesses In Lava Zones 1 And 2.
Requesting The Director Of Commerce And Consumer Affairs To Convene A Working Group To Study And Devise Comprehensive Strategies To Restore Accessible Insurance Options To Residents And Commercial Businesses In Lava Zones 1 And 2.
Requesting The Director Of Commerce And Consumer Affairs To Convene A Working Group To Study And Devise Comprehensive Strategies To Restore Accessible Insurance Options To Residents And Commercial Businesses In Lava Zones 1 And 2.
Requesting The Department Of Labor And Industrial Relations To Convene An Interagency Task Force To Combat The Underground Economy And Employee Misclassification In The State's Construction Industry.
Urging The Department Of Commerce And Consumer Affairs, In Collaboration With The Department Of The Attorney General, To Investigate And Regulate The Sale Of Tickets To Live Entertainment Events Under Its Authority To Protect Consumers Against Unfair Or Deceptive Acts Or Practices In The Conduct Of Any Commerce.
Requesting The Department Of Labor And Industrial Relations To Convene An Underground Economy Interagency Task Force To Combat The Underground Economy And Employee Misclassification In The Construction Industry.
Requesting The Department Of Labor And Industrial Relations To Convene An Interagency Task Force To Combat The Underground Economy And Employee Misclassification In The State's Construction Industry.
Requesting The Regulated Industries Compliance Office To Report The Itemized Total Amount Of Fines Or Judgments Collected And Uncollected Each Year, From 1983 To Present, And To Include That Information In The Director Of Commerce And Consumer Affairs' Annual Compliance Resolution Fund Report.