Jarrett Keohokalole
- Democratic
- Senator
- District 24
Primary
Requires sponsored captive insurance companies to maintain separate protected cells for separate participant contracts. Authorizes captive insurance companies to apply for an exemption from examination from the insurance commissioner; provided that certain conditions are met. Requires protected cells established by sponsored captive insurance companies to be approved by the insurance commissioner. Authorizes sponsored captive insurance companies to establish and maintain protected cells to insure risks of parties unaffiliated with a participant under certain circumstances. Requires a participant, through a sponsored captive insurance company, to insure only risks approved by the insurance commissioner. Effective 7/1/2050. (HD1)
Carried over to 2024 Regular Session.
The committee(s) on FIN recommend(s) that the measure be deferred.
Bill scheduled to be heard by FIN on Wednesday, 03-29-23 3:00PM in House conference room 308 VIA VIDEOCONFERENCE.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1).
Reported from CPC (Stand. Com. Rep. No. 1378) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Gates, Lowen, Onishi, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
Bill re-scheduled to be heard by on Thursday, 03-16-23 2:30PM in conference room 329 VIA VIDEOCONFERENCE.
Bill scheduled to be heard by CPC on Thursday, 03-16-23 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
Referred to CPC, FIN, referral sheet 17
Pass First Reading
Received from Senate (Sen. Com. No. 168) in amended form (SD 1).
Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: Senator(s) Fevella. Noes, 0 (none). Excused, 1 (Senator(s) Fukunaga). Transmitted to House.
48 Hrs. Notice 03-07-23.
Report adopted; Passed Second Reading, as amended (SD 1).
Reported from CPN (Stand. Com. Rep. No. 812) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
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 ; 1 No(es): Senator(s) Awa; and 0 Excused: none.
The committee(s) on CPN will hold a public decision making on 02-23-23 10:01AM; Conference Room 229 & Videoconference.
The committee on CPN deferred the measure.
The committee(s) on CPN has scheduled a public hearing on 01-31-23 9:05AM; Conference Room 229 & Videoconference.
Passed First Reading.
Introduced.
| Bill Text Versions | Format |
|---|---|
| SB434 |
| Document | Format |
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| No related documents. |
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