Allows an insured to authorize the insurer to electronically remit claim proceeds to the insured's mortgagee when a homeowners insurance policy that covers a mortgaged property allows for the payment of proceeds by issuing a check. Requires a mortgagee in receipt of electronic delivery of claim proceeds to deliver the proceeds of the claim to the insured in accordance with the mortgage agreement and the insurance policy. Effective 7/1/2050.
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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
Dec 8Carried over to 2026 Regular Session.Latest
Mar 6Pass First ReadingMinor
Mar 6Referred to CPC, referral sheet 19Minor
Mar 4Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
Vote recorded Report adopted; Passed Third Reading, as amended (SD 2). Result: pass.Upper
Mar 4Received from Senate (Sen. Com. No. 98) in amended form (SD 2).Minor
Feb 28Reported from JDC (Stand. Com. Rep. No. 1061) with recommendation of passage on Third Reading, as amended (SD 2).
Feb 2848 Hrs. Notice 03-04-25.
Feb 21The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) Rhoads, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Gabbard.Minor
Vote recorded The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 18The committee(s) on JDC will hold a public decision making on 02-21-25 10:20AM; Conference Room 016 & Videoconference.
Feb 14Reported from CPN (Stand. Com. Rep. No. 664) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.
Feb 14Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC.Minor
Jan 31The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa.Minor
Vote recorded The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Jan 28The committee(s) on CPN deferred the measure until 01-31-25 9:35AM; Conference Room 229.Minor
Jan 23The committee(s) on CPN has scheduled a public hearing on 01-28-25 9:30AM; Conference Room 229 & Videoconference.