ChangeBridge / Hawaii / SB2043 Passed
SB2043 Senate Bill
Passed
2026-02-06

Relating To Insurance.

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 1/1/3000. (SD1)

Bill Details

State

Hawaii

Session

2026 Regular Session

Chamber

Senate

Official Source

www.capitol.hawaii.gov/session/measure_ind...

LegiScan

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Sponsors

Jarrett Keohokalole (Sen - D)

Action History

2026-03-31 H The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.
2026-03-27 H Bill scheduled to be heard by CPC on Tuesday, 03-31-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.
2026-02-12 H Referred to CPC, referral sheet 12
2026-02-10 H Pass First Reading
2026-02-06 H Received from Senate (Sen. Com. No. 3) in amended form (SD 1).
2026-02-06 S Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: Senator(s) Ihara, McKelvey . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2026-02-04 S 48 Hrs. Notice 02-06-26.
2026-02-04 S Report adopted; Passed Second Reading, as amended (SD 1).
2026-02-04 S Reported from CPN (Stand. Com. Rep. No. 2107) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
2026-01-29 S 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, Awa; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.
2026-01-28 S The committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.
2026-01-23 S The committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference.
2026-01-22 S Referred to CPN.
2026-01-21 S Introduced and passed First Reading.
2026-01-14 S Pending Introduction.

Votes

2026-01-29 Senate Commerce and Consumer Protection: Passed, With Amendments Yea: 4 Nay: 0

Committee Referrals

2026-01-22 S Commerce and Consumer Protection
2026-02-12 H Consumer Protection & Commerce

Bill Text Versions

2026-01-14 Introduced
2026-02-03 Amended

Subjects

Insurance Commissioner Insurance Captive Insurance Companies Certificate of Exemption Examinations

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