Measure Title: RELATING TO INTEREST ON INSURANCE PROCEEDS RELATED TO A MORTGAGE LOAN.
Report Title: Interest on Insurance Proceeds; Mortgage Loans; Mortgage Servicers Financial Institutions
Description: Requires licensed mortgage servicers and financial institutions to pay interest on insurance proceeds held for the benefit of consumers. Provides that a fee shall not be charged to the borrower in connection with the maintenance or disbursement of interest earned from interest-bearing accounts. Effective 7/1/2050. (SD1)
Companion:  HB1047
Package: Governor
Current Referral: CPC, FIN
Introducer(s): KOUCHI (Introduced by request of another party)
Act:

Sort by DateChamberStatus Text
3/6/2025HReferred to CPC, FIN, referral sheet 19
3/6/2025HPass First Reading
3/4/2025HReceived from Senate (Sen. Com. No. 313) in amended form (SD 1).
3/4/2025SPassed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2/27/2025S48 Hrs. Notice 03-04-25.
2/27/2025SReport adopted; Passed Second Reading, as amended (SD 1).
2/27/2025SReported from CPN (Stand. Com. Rep. No. 793) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
2/14/2025SThe 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.
2/10/2025SThe committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.
1/27/2025SReferred to CPN.
1/23/2025SIntroduced and passed First Reading.
1/21/2025SPending Introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB1366 SD1

All Versions of this Measure

SB1366_SD1 Link to SB1366_SD1 .PDF file
SB1366 Link to SB1366 .PDF file

Committee Reports

SB1366_SD1_SSCR793_ Link to committee report SB1366_SD1_SSCR793_ .PDF file

Testimony

SB1366_TESTIMONY_CPN_02-14-25_

Hearing Notices

CPN
2/14/25 9:30A
CR 229 & Videoconference