HI HB836 | 2013 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2013 - 25% progression, died in chamber
Action: 2013-02-11 - The committee(s) on CPC recommend(s) that the measure be deferred.
Text: Latest bill text (Introduced) [HTML]

Summary

Requires escrow depositories to report any change of their corporate designated escrow officer or branch manager to the Commissioner of Financial Institutions; establishes a statutory fee for the transfer or change in control of an escrow depository license; increases the fidelity bond maintained by escrow depositories to a minimum of $100,000; increases the errors and omissions policy amount escrow depositories are required to carry to not less than $250,000; increases fees; provides powers for the commissioner to supervise and regulate the industry; and empowers the commissioner to issue cease and desist orders; increases net capital requirement to $100,000.

Tracking Information

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Title

Escrow Depositories

Sponsors


History

DateChamberAction
2013-02-11HouseThe committee(s) on CPC recommend(s) that the measure be deferred.
2013-02-07HouseBill scheduled for decision making on Monday, 02-11-13 2:00PM in conference room 325.
2013-02-06HouseThe committee(s) on CPC recommend(s) that the measure be deferred until 02-11-13.
2013-01-31HouseBill scheduled to be heard by CPC on Wednesday, 02-06-13 2:30PM in House conference room 325.
2013-01-24HouseReferred to CPC, FIN, referral sheet 5
2013-01-24HouseIntroduced and Passed First Reading
2013-01-22HousePending introduction.

Same As/Similar To

SB1067 (Same As) 2013-06-25 - Act 166, on 6/21/2013 (Gov. Msg. No. 1269).

Hawaii State Sources


Bill Comments

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