HI SB3230 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-02-16 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.
Pending: Senate Judiciary Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-02-16 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.
Pending: Senate Judiciary Committee
Text: Latest bill text (Amended) [HTML]
Summary
Makes an appropriation for the Insurance Division of the Department of Commerce and Consumer Affairs, in collaboration with the University of Hawaii, to procure expertise and develop a physical risk model to assess risk in the State for insurance ratemaking and regulatory purposes. Declares that the general fund expenditure ceiling is exceeded. Takes effect 7/1/2040. (SD1)
Title
Relating To Insurance.
Sponsors
Roll Calls
2024-02-07 - Senate - Senate Public Safety, Intergovernmental and Military Affairs: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-07 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-07 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-16 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM. |
| 2024-02-16 | Senate | Reported from CPN/PSM (Stand. Com. Rep. No. 2594) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC/WAM. |
| 2024-02-07 | Senate | The 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, McKelvey, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa. |
| 2024-02-07 | Senate | The committee(s) on PSM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in PSM were as follows: 4 Aye(s): Senator(s) Wakai, Elefante, Fukunaga, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa. |
| 2024-02-02 | Senate | The committee(s) on CPN/PSM has scheduled a public hearing on 02-07-24 9:35AM; CR 229 & Videoconference. |
| 2024-01-29 | Senate | Referred to CPN/PSM, JDC/WAM. |
| 2024-01-24 | Senate | Passed First Reading. |
| 2024-01-24 | Senate | Introduced. |
Subjects
Appropriation
DCCA
Expenditure Ceiling
Insurance
Insurance Division
Physical Risk Model
Ratemaking
Regulations
UH
DCCA
Expenditure Ceiling
Insurance
Insurance Division
Physical Risk Model
Ratemaking
Regulations
UH
