2025 Regular Session • Hawaii Legislature
SB1142: Relating To Insurance Proceeds.
Legislative Summary
Requires mortgage servicers to comply with certain requirements regarding the disbursement of insurance proceeds for residential real estate that has been destroyed or damaged. Effective 7/1/3000. (HD1)
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/17/2025
Introduced.
Senate
1/21/2025
Passed First Reading.
Senate
1/23/2025
Referred to CPN.
Senate
2/20/2025
The committee(s) on CPN has scheduled a public hearing on 02-25-25 9:34AM; Conference Room 229 & Videoconference.
Senate
2/25/2025
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
2/27/2025
Reported from CPN (Stand. Com. Rep. No. 802) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
Senate
2/27/2025
Report adopted; Passed Second Reading, as amended (SD 1).
Senate
2/27/2025
48 Hrs. Notice 03-04-25.
Senate
3/4/2025
Report adopted; Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
Senate
3/4/2025
Received from Senate (Sen. Com. No. 265) in amended form (SD 1).
House of Representatives
3/6/2025
Pass First Reading
House of Representatives
3/6/2025
Referred to CPC, FIN, referral sheet 19
House of Representatives
3/10/2025
Bill scheduled to be heard by CPC on Wednesday, 03-12-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
House of Representatives
3/12/2025
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.
House of Representatives
3/21/2025
Reported from CPC (Stand. Com. Rep. No. 1481) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
House of Representatives
3/21/2025
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Garrett, Kapela, Kitagawa, Ward excused (5).
House of Representatives
3/28/2025
Bill scheduled to be heard by FIN on Tuesday, 04-01-25 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
House of Representatives
4/1/2025
The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos.
House of Representatives
4/4/2025
Reported from FIN (Stand. Com. Rep. No. 1954), recommending passage on Third Reading.
House of Representatives
4/4/2025
Passed Second Reading; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kapela excused (2).
House of Representatives
4/4/2025
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kapela excused (2). Transmitted to Senate.
House of Representatives
4/8/2025
Received from House (Hse. Com. No. 594).
Senate
4/8/2025
Senate disagrees with House amendments.
Senate
4/8/2025
Received notice of disagreement (Sen. Com. No. 774).
House of Representatives
4/17/2025
House Conferees Appointed: Matayoshi, Takenouchi Co-Chairs; Pierick.
House of Representatives
4/21/2025
Received notice of appointment of House conferees (Hse. Com. No. 754).
Senate
4/17/2025
Senate Conferees Appointed: Keohokalole Chair; McKelvey Co-Chair; Fukunaga, Awa.
Senate
4/17/2025
Received notice of Senate conferees (Sen. Com. No. 829).
House of Representatives
Roll Call Votes
Senate Commerce and Consumer Protection: Passed, With Amendments
2/25/2025
5
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(3/4/2025)
Chamber
House of Representatives