SB 804

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

Relating To Insurance For Hawaii Condominium Properties.

Abstract

Requires property insurers to offer discounts on a condominium association's annual insurance premium if the association adopts specific risk mitigation upgrades or develops comprehensive disaster response plans. Requires property insurers of condominiums to base premium increases on actuarial justifications that reflect actual risk reduction resulting from upgraded fire safety improvements installed in conjunction with a building fire and life safety evaluation. Requires property insurers of condominiums to justify premium increases above ten per cent. Requires property insurers of condominiums to publicly report premium increases each year. Effective 7/1/2050. (SD2)

Bill Sponsors (9)

Votes


Actions


Mar 06, 2025

House

Referred to CPC, JHA, FIN, referral sheet 19

  • Referral-Committee
Consumer Protection & Commerce Judiciary & Hawaiian Affairs Finance

House

Pass First Reading

Mar 04, 2025

House

Received from Senate (Sen. Com. No. 200) in amended form (SD 2).

Senate

Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

Feb 28, 2025

Senate

48 Hrs. Notice 03-04-25.

Senate

Reported from WAM/JDC (Stand. Com. Rep. No. 884) with recommendation of passage on Third Reading, as amended (SD 2).

Feb 19, 2025

Senate

The 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.

Senate

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

Feb 14, 2025

Senate

The committee(s) on WAM/JDC will hold a public decision making on 02-19-25 10:16AM; Conference Room 211 & Videoconference.

Senate

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.

  • Reading-2
  • Referral-Committee
Ways and Means Judiciary

Senate

Reported from CPN (Stand. Com. Rep. No. 492) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.

Feb 07, 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, McKelvey, Richards, Awa; Aye(s) with reservations: Senator(s) Fukunaga ; 0 No(es): none; and 0 Excused: none.

Feb 05, 2025

Senate

The committee(s) on CPN deferred the measure until 02-07-25 9:46AM; Conference Room 229.

Jan 31, 2025

Senate

The committee(s) on CPN has scheduled a public hearing on 02-05-25 10:00AM; Conference Room 229 & Videoconference.

Jan 23, 2025

Senate

Referred to CPN, WAM/JDC.

  • Referral-Committee
Commerce and Consumer Protection Ways and Means Judiciary

Jan 21, 2025

Senate

Passed First Reading.

Jan 17, 2025

Senate

Introduced.

Bill Text

Bill Text Versions Format
SB804_SD2 PDF HTML
SB804_SD1 PDF HTML
SB804 PDF HTML

Related Documents

Document Format
No related documents.

Sources

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