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)
2
Where do you stand?
Choose your position
3
Tell your reps
Take a position to see your representatives and ways to contact them.
4
More on this bill
Where it stands
Introduced
Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Mar 6Pass First ReadingLatest
Mar 6Referred to CPC, referral sheet 19Minor
Mar 4Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 0 (none). Transmitted to House.Passed Senate
Vote recorded Passed Third Reading, as amended (SD 1). Result: pass.Upper
Mar 4Received from Senate (Sen. Com. No. 250) in amended form (SD 1).Minor
Feb 28Reported 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.
Feb 28Report adopted; Passed Second Reading, as amended (SD 1).Minor
Feb 2848 Hrs. Notice 03-04-25.
Feb 21The 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.Minor
Vote recorded The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 14The committee(s) on CPN deferred the measure until 02-21-25 9:45AM; Conference Room 229 & Videoconference.Minor
Feb 10The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.