SB 1366

  • Hawaii Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Mar 04, 2025
  • Passed Senate Mar 04, 2025
  • House
  • Governor

Relating To Interest On Insurance Proceeds Related To A Mortgage Loan.

Abstract

Requires licensed mortgage servicers and financial institutions to pay interest on insurance proceeds held for the benefit of consumers. Provides that a fee shall not be charged to the borrower in connection with the maintenance or disbursement of interest earned from interest-bearing accounts. Effective 7/1/2050. (SD1)

Bill Sponsors (1)

Votes


Actions


Mar 06, 2025

House

Referred to CPC, FIN, referral sheet 19

  • Referral-Committee
Consumer Protection & Commerce Finance

House

Pass First Reading

Mar 04, 2025

House

Received from Senate (Sen. Com. No. 313) in amended form (SD 1).

Senate

Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

Feb 27, 2025

Senate

48 Hrs. Notice 03-04-25.

Senate

Report adopted; Passed Second Reading, as amended (SD 1).

Senate

Reported from CPN (Stand. Com. Rep. No. 793) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

Feb 14, 2025

Senate

The 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.

Feb 10, 2025

Senate

The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.

Jan 27, 2025

Senate

Referred to CPN.

  • Referral-Committee
Commerce and Consumer Protection

Jan 23, 2025

Senate

Introduced and passed First Reading.

Jan 21, 2025

Senate

Pending Introduction.

Bill Text

Bill Text Versions Format
SB1366_SD1 PDF HTML
SB1366 PDF HTML

Related Documents

Document Format
No related documents.

Sources

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