HI SB842 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 17 2025 - 25% progression
Action: 2025-01-23 - Referred to CPN, WAM.
Pending: Senate Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 17 2025 - 25% progression
Action: 2025-01-23 - Referred to CPN, WAM.
Pending: Senate Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires the Insurance Commissioner to develop comprehensive standards and requirements for condominium associations and developers to obtain property insurance through self-insurance and mutual insurance, and examine and evaluate the feasibility of implementing guaranteed buyback programs and investment-based protection funds.
Title
Relating To Insurance.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-23 | Senate | Referred to CPN, WAM. |
| 2025-01-21 | Senate | Passed First Reading. |
| 2025-01-17 | Senate | Introduced. |
Same As/Similar To
HB490 (Same As) 2025-01-30 - The committee(s) on CPC recommend(s) that the measure be deferred.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=842&year=2025 |
| Text | https://www.capitol.hawaii.gov/sessions/session2025/bills/SB842_.HTM |
