| Measure Title: | RELATING TO CHARITABLE ANNUITIES. |
| Report Title: | Life Insurance; Charitable Annuities; Segregated Fund |
| Description: | Amends the definition of life insurance in the insurance code to require certain nonprofit organizations to maintain a segregated reserve fund sufficient for the payment of annuities attributed to the fund, rather than a separate annuity fund with at least one-half of the value of the annuity. |
| Package: | None |
| Companion: | |
| Introducer(s): | M. OSHIRO, ARAKAKI, LEE, MORITA, KANOHO, KAHIKINA, ABINSAY |
| Current Referral: | CPC |
| Date | Status Text | |
|---|---|---|
| 1/25/2002 | H | Introduced and Pass First Reading |
| 1/30/2002 | H | Referred to CPC, referral sheet 5 |
| 2/20/2002 | H | Bill scheduled to be heard by CPC on Thursday, 02-21-02 at 6:30 pm in House conference room 325. |
| 2/21/2002 | H | The committees on CPC recommend that the measure be HELD. The votes were as follows: 13 Ayes: Representative(s) Hiraki, Chang, Ahu Isa, Kanoho, Morita, B. Oshiro, Souki, Yoshinaga, Gomes, Jaffe, Marumoto, Meyer, Whalen; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Case. |
$ = Appropriation measure
ConAm = Constitutional Amendment