2025 Regular Session • Hawaii Legislature
SB1050: Relating To Insurance.
Legislative Summary
Allows captive insurance companies that are not risk retention captive insurance companies to apply to the Insurance Commissioner for certificates of exemption from examination after meeting certain requirements. Effective 7/1/2050. (SD1)
Demographic Impact
Overall analysis of equity impact
Neutral
Low ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
1/17/2025
Introduced.
Senate
1/21/2025
Passed First Reading.
Senate
1/23/2025
Referred to CPN.
Senate
2/10/2025
The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.
Senate
2/14/2025
The committee(s) on CPN deferred the measure until 02-21-25 9:45AM; Conference Room 229 & Videoconference.
Senate
2/21/2025
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Senate
2/28/2025
Reported from CPN (Stand. Com. Rep. No. 808) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
Senate
2/28/2025
Report adopted; Passed Second Reading, as amended (SD 1).
Senate
2/28/2025
48 Hrs. Notice 03-04-25.
Senate
3/4/2025
Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 0 (none). Transmitted to House.
Senate
3/4/2025
Received from Senate (Sen. Com. No. 250) in amended form (SD 1).
House of Representatives
3/6/2025
Pass First Reading
House of Representatives
3/6/2025
Referred to CPC, referral sheet 19
House of Representatives
Roll Call Votes
Senate Commerce and Consumer Protection: Passed, With Amendments
2/21/2025
5
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(3/4/2025)
Chamber
House of Representatives
Committee
Consumer Protection & Commerce(House of Representatives)
Sponsors
Democrat: 6
Primary Sponsor
Jarrett Keohokalole
Democrat