2025 Regular Session • Hawaii Legislature
HB1341: Relating To Insurance.
Legislative Summary
Establishes tax credits for insurers providing full property coverage to owners and associations of condominiums in the amount equal to twenty per cent of the insurance premium. Provides additional ten per cent tax credits to insurers incorporated in the State.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
1/23/2025
Introduced and Pass First Reading.
House of Representatives
1/27/2025
Referred to ECD, CPC, FIN, referral sheet 4
House of Representatives
Status Information
Current Status
Introduced(1/23/2025)
Chamber
House of Representatives
Committee
Economic Development(House of Representatives)
Sponsors
Republican: 7
Primary Sponsor
Garner Shimizu
Republican