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Ka 'Aha'ōlelo Moku'āina 'O Hawai'i

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Measure details
Measure Title: RELATING TO INSURANCE.
Report Title: Insurance Commissioner; Insurance; Captive Insurance Companies; Examinations; Report
Description: Until 12/31/2031, specifies that captive insurance companies that are not risk retention captive insurance companies are subject to examination no later than five years after licensure and any additional examination at the discretion of the Insurance Commissioner. On or after 1/1/2032, subjects captive insurance companies that are not risk retention captive insurance companies to examination at least once every five years. Requires the Insurance Commissioner to submit a report to the Legislature before the Regular Session of 2031. Effective 7/1/2026. (CD1)
Companion:
Package: None
Current Referral: CPC
Introducer(s): KEOHOKALOLE
Act:

Measure Status History

Sort by Date
DateChamberStatus Text
5/8/2026SEnrolled to Governor.
5/8/2026SReceived notice of passage on Final Reading in House (Hse. Com. No. 888).
5/6/2026HReceived notice of Final Reading (Sen. Com. No. 816).
5/6/2026HPassed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
5/6/2026SPassed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
4/29/2026HForty-eight (48) hours notice Wednesday, 05-06-26.
4/29/2026HReported from Conference Committee (Conf Com. Rep. No. 46-26) as amended in (CD 1).
4/29/2026S48 Hrs. Notice (as amended CD 1) 05-06-26.
4/29/2026SReported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 46-26).
4/28/2026HThe Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Grandinetti, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
4/28/2026SThe Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Keohokalole, Lamosao; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
4/27/2026SConference committee meeting to reconvene on 04-28-26 2:30PM; Conference Room 224.
4/24/2026HBill scheduled for Conference Committee Meeting on Monday, 04-27-26 2:30PM in conference room 224.
4/23/2026HReceived notice of Senate conferees (Sen. Com. No. 724).
4/22/2026SSenate Conferees Appointed: Keohokalole Chair; Lamosao Co-Chair; Awa.
4/21/2026SReceived notice of appointment of House conferees (Hse. Com. No. 800).
4/21/2026HHouse Conferees Appointed: Matayoshi Chair; Grandinetti, Pierick.
4/10/2026HReceived notice of disagreement (Sen. Com. No. 564).
4/10/2026SSenate disagrees with House amendments.
4/10/2026SReceived from House (Hse. Com. No. 499).
4/9/2026HPassed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.
4/7/2026HPassed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Lowen, Olds, Quinlan excused (3).
4/7/2026HReported from CPC (Stand. Com. Rep. No. 1812-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
3/31/2026HThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.
3/27/2026HBill scheduled to be heard by CPC on Tuesday, 03-31-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.
2/12/2026HReferred to CPC, referral sheet 12
2/10/2026HPass First Reading
2/6/2026HReceived from Senate (Sen. Com. No. 3) in amended form (SD 1).
2/6/2026SPassed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: Senator(s) Ihara, McKelvey . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2/4/2026S48 Hrs. Notice 02-06-26.
2/4/2026SReport adopted; Passed Second Reading, as amended (SD 1).
2/4/2026SReported from CPN (Stand. Com. Rep. No. 2107) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
1/29/2026SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Awa; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.
1/28/2026SThe committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.
1/23/2026SThe committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference.
1/22/2026SReferred to CPN.
1/21/2026SIntroduced and passed First Reading.
1/14/2026SPending Introduction.

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All Versions of this Measure

SB2043_HD1 Link to SB2043_HD1 .PDF file
SB2043_CD1 Link to SB2043_CD1 .PDF file
SB2043_SD1 Link to SB2043_SD1 .PDF file
SB2043 Link to SB2043 .PDF file

Committee Reports

SB2043_SD1_SSCR2107_ Link to committee report SB2043_SD1_SSCR2107_ .PDF file (opens in new window)
SB2043_HD1_HSCR1812-26_ Link to committee report SB2043_HD1_HSCR1812-26_ .PDF file (opens in new window)
SB2043_CD1_CCR46-26_ Link to committee report SB2043_CD1_CCR46-26_ .PDF file (opens in new window)

Testimony

SB2043_TESTIMONY_CPN_01-29-26_
SB2043_SD1_TESTIMONY_CPC_03-31-26_

Hearing Notices

CPN
1/29/26 10:00A
CR 229 & Videoconference
CPC
3/31/26 2:05P
329 VIA VIDEOCONFERENCE
CONF
4/27/26 2:30P
224
CONF
4/28/26 2:30P
CR 224