Hawaii Subject | Division of Financial Institutions

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StanceStateBillStatusSummary/TitleLast Actionsort icon
HISB1367Intro
25%		Clarifies the intended scope of chapter 480J, HRS, which is the regulation of installment lenders, and that the law does not intend to eliminate the ability of lenders to make low-interest rate loans under existing interest and usury laws. Replaces t...
[Detail][Text][Discuss]		2025-02-14
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.
HIHB1048Intro
25%		Replaces the term "consumer loan" with the defined term "installment loan" for consistency throughout the installment loan chapter. Clarifies who is subject to the installment loan chapter. Requires loan maintenance fees to be prorated daily. Allows ...
[Detail][Text][Discuss]		2025-02-11
To House Finance Committee
HIHB1049Intro
25%		Includes, for purposes of the Money Transmitters Modernization Act, receivables due from payment processors for certain debit or credit card transactions. Clarifies the calculation of tangible net worth. Changes the initial annual fee assessed upon t...
[Detail][Text][Discuss]		2025-02-11
To House Finance Committee
HISB1368Intro
25%		Aligns the State's Money Transmitters Modernization Act with the Model Money Transmitters Modernization Act, thereby enabling Hawaii to work within a network of states to license, supervise, and examine transglobal money transmission companies as a m...
[Detail][Text][Discuss]		2025-01-27
To Senate Commerce and Consumer Protection Committee
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