Measure Title: RELATING TO INSURANCE FOR HAWAII CONDOMINIUM PROPERTIES.
Report Title: Condominiums; Property Insurance; Insurance Premiums; Discounts; Risk Mitigation Upgrades; Disaster Response Plans; Fire and Life Safety Evaluation
Description: Requires property insurers to offer discounts on a condominium association's annual insurance premium if the association adopts specific risk mitigation upgrades or develops comprehensive disaster response plans. Requires property insurers of condominiums to base premium increases on actuarial justifications that reflect actual risk reduction resulting from upgraded fire safety improvements installed in conjunction with a building fire and life safety evaluation. Requires property insurers of condominiums to justify premium increases above ten per cent. Requires property insurers of condominiums to publicly report premium increases each year. Effective 7/1/2050. (SD2)
Companion:  HB590
Package: None
Current Referral: CPC, JHA, FIN
Introducer(s): FUKUNAGA, CHANG, HASHIMOTO, RHOADS, Ihara, Keohokalole, McKelvey, Moriwaki, Richards
Act:

Sort by DateChamberStatus Text
3/6/2025HReferred to CPC, JHA, FIN, referral sheet 19
3/6/2025HPass First Reading
3/4/2025HReceived from Senate (Sen. Com. No. 200) in amended form (SD 2).
3/4/2025SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2/28/2025S48 Hrs. Notice 03-04-25.
2/28/2025SReported from WAM/JDC (Stand. Com. Rep. No. 884) with recommendation of passage on Third Reading, as amended (SD 2).
2/19/2025SThe committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) Rhoads, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Gabbard.
2/19/2025SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2/14/2025SThe committee(s) on WAM/JDC will hold a public decision making on 02-19-25 10:16AM; Conference Room 211 & Videoconference.
2/14/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
2/14/2025SReported from CPN (Stand. Com. Rep. No. 492) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
2/7/2025SThe 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, McKelvey, Richards, Awa; Aye(s) with reservations: Senator(s) Fukunaga ; 0 No(es): none; and 0 Excused: none.
2/5/2025SThe committee(s) on CPN deferred the measure until 02-07-25 9:46AM; Conference Room 229.
1/31/2025SThe committee(s) on CPN has scheduled a public hearing on 02-05-25 10:00AM; Conference Room 229 & Videoconference.
1/23/2025SReferred to CPN, WAM/JDC.
1/21/2025SPassed First Reading.
1/17/2025SIntroduced.

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

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SB804 SD2

All Versions of this Measure

Hearing Notices

CPN
2/05/25 10:00A
CR 229 & Videoconference
CPN
2/07/25 9:46A
CR 229
WAM/JDC
2/19/25 10:16A
CR 211 & Videoconference