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HB 1882 Hawaii House · 2020 Regular Session

RELATING TO NONDEPOSITORY TRUSTS.

Summary
Clarifies the powers and duties of nondepository trust companies. Amends the yearly assessment on nondepository trust companies by basing its calculation on total assets under management. Establishes a paid-in capital and surplus requirement for chartering nondepository trust companies. (SD1)
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
May 2020
House Passage
Feb 2020
Senate Passage
Governor
Introduced Jan 17, 2020 Last action May 13, 2020
Floor votes

How they voted

This bill passed the House by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
19
Key actions
5
Committee
9
May 13, 2020
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
May 13, 2020
Committee
Reported from CPH (Stand. Com. Rep. No. 3481) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Mar 13, 2020
Upper · Passed
The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 6 Aye(s): Senator(s) Baker, S. Chang, Ruderman, L. Thielen, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Nishihara.
upper
Mar 9, 2020
Upper · Passed
The committee(s) on CPH has scheduled a public hearing on 03-13-20 9:30AM in conference room 229.
upper
Mar 3, 2020
Committee
Referred to CPH, WAM.
upper
Mar 3, 2020
Introduced
Received from House (Hse. Com. No. 143).
upper
Feb 28, 2020
Lower · Passed
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, DeCoite, Holt, Thielen excused (4). Transmitted to Senate.
lower
Feb 25, 2020
Lower · Passed
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Luke, Cullen, Eli, Gates, Hashimoto, Holt, Kitagawa, B. Kobayashi, Matayoshi, Nakamura, Nishimoto, Todd, Yamashita; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Wildberger, McDermott.
lower
Feb 5, 2020
Committee
Reported from CPC (Stand. Com. Rep. No. 80-20) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Jan 30, 2020
Lower · Passed
The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Takumi, Ichiyama, Aquino, Cabanilla Arakawa, Cachola, Har, Kong, Onishi; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Belatti, Mizuno, Matsumoto.
lower
Jan 23, 2020
Committee
Referred to CPC, FIN, referral sheet 3
lower
Jan 21, 2020
Introduced
Introduced and Pass First Reading.
lower
Jan 17, 2020
Introduced
Pending introduction.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.