Measure Title: RELATING TO INSURANCE.
Report Title: Insurance; Captive Insurance Companies; Insurance Commissioner; Certificate of Exemption; Examinations
Description: Allows captive insurance companies that are not risk retention captive insurance companies to apply to the Insurance Commissioner for certificates of exemption from examination after meeting certain requirements. Effective 7/1/2050. (SD1)
Companion:
Package: None
Current Referral: CPC
Introducer(s): KEOHOKALOLE, AQUINO, HASHIMOTO, MCKELVEY, RICHARDS, San Buenaventura
Act:

Sort by DateChamberStatus Text
3/6/2025HReferred to CPC, referral sheet 19
3/6/2025HPass First Reading
3/4/2025HReceived from Senate (Sen. Com. No. 250) in amended form (SD 1).
3/4/2025SPassed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 0 (none). Transmitted to House.
2/28/2025S48 Hrs. Notice 03-04-25.
2/28/2025SReport adopted; Passed Second Reading, as amended (SD 1).
2/28/2025SReported from CPN (Stand. Com. Rep. No. 808) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
2/21/2025SThe 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.
2/14/2025SThe committee(s) on CPN deferred the measure until 02-21-25 9:45AM; Conference Room 229 & Videoconference.
2/10/2025SThe committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.
1/23/2025SReferred to CPN.
1/21/2025SPassed First Reading.
1/17/2025SIntroduced.

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

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SB1050 SD1

All Versions of this Measure

SB1050_SD1 Link to SB1050_SD1 .PDF file
SB1050 Link to SB1050 .PDF file

Committee Reports

SB1050_SD1_SSCR808_ Link to committee report SB1050_SD1_SSCR808_ .PDF file

Testimony

SB1050_TESTIMONY_CPN_02-14-25_

Hearing Notices

CPN
2/14/25 9:30A
CR 229 & Videoconference
CPN
2/21/25 9:45A
CR 229 & Videoconference