Hawaii State Senate Bill proposes DC regulation

http://capitol.hawaii.gov/sessioncurrent/bills/SB697_.htm

discussed briefly here >
http://www.heliumreport.com/archives/761-the-next-step-in-destination-club-regulation

I wonder "who" is behind this?

another concurrent
http://www.capitol.hawaii.gov/sessioncurrent/CommReports/SCR75_SD1_SSCR1378_.htm

from earlier helium report link >

Hawaii might be the first state to legislate destination club regulation – something that clubs, including Exclusive Resorts, have gone on record as saying they would welcome.

Who’s Been in Talks?

The Department of Commerce and Consumer Affairs have met with both the DCA and ARDA, and is reviewing regulations that could cover disclosure and financial assurances for destination club members.

Click to expand...

DCA members >
Exclusive Resorts
Ultimate Resort
Private Escapes
Quintess
High Country Club
Solstice Collection

heh, theyve got lobbyists >
http://www.hawaii.gov/ethics/lobbypdf/2007/a0034-dca.pdf


old news >

http://www.arda.org/AM/Template.cfm...emplate=/CM/ContentDisplay.cfm&ContentID=5884

http://www.heliumreport.com/archives/360-destination-club-association-needs-to-step-up
http://www.heliumreport.com/archives/449-update-on-destination-club-association

http://www.privateescapes.com/pdf/press_releases/Rich_Keith_VP_Announcement.pdf

ah heres the tug thread
http://www.tugbbs.com/forums/showthread.php?t=49223

This is great!

Kagehitokiri said:

http://capitol.hawaii.gov/sessioncurrent/bills/SB697_.htm

discussed briefly here >
http://www.heliumreport.com/archives/761-the-next-step-in-destination-club-regulation

Click to expand...

This is great! I think.

Every DC is going to have something in Hawaii and it sure sounds like someone has researched the DC industry. I'm no lawyer but this seems to set up a certification process for DC's

Great!

The DCs saw this coming a long time ago!

The DCs have seen this coming as ARDA has been pushing for this regulation. IMHO, ARDA sees DCs as a real threat to their business model and is pushing for this legislation to bog down the DCs with the time and expense of L&L (Litigation & Legislation). One of the main reasons that the DCs formed the DCA was to preempt this move by ARDA and offer their own tougher version of self-regulation within the industry.

The issue is not if the DCs can comply with regulation but how much these new businesses will have to pay to get through this process.

figured id just bump this newer thread instead of the older DCA one

DCA update >

http://www.sherpareport.com/destination-clubs/dca-code-of-conduct.html