2025 Regular SessionHawaii Legislature

SB1575: Relating To Insurance.

Legislative Summary

Allows authorized insurers in the State to offer building and hurricane damage insurance for condominium buildings at a lesser rate than the building's prior surplus lines insurance policy for the same coverage. Effective 7/1/2050. (SD1)

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/22/2025
Pending Introduction.
Senate
1/23/2025
Introduced and passed First Reading.
Senate
1/27/2025
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 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. 796) 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. 371) 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

Roll Call Votes

Senate Commerce and Consumer Protection: Passed, With Amendments
2/14/2025
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)

Documents

Amended
Bill Text2/26/20259.4 KB
Introduced
Bill Text1/22/202511.1 KB
Misc
Misc2/26/202567.5 KB
Misc
Misc2/14/2025148.2 KB