Informing the Legislature that on July 7, 2025, the Governor signed the following bill into law: SB1044 SD2 HD2 CD1 (ACT 296).

This bill (GM 1407) is a procedural notification, not a new legislative act. It informs the Hawaii Legislature that Governor Green signed SB1044 into law on July 7, 2025. SB1044 addresses property insurance stabilization for condominium buildings, specifically targeting rising premiums and reduced hurricane coverage options. The bill aims to address challenges where condominium associations face exponentially increased deductibles (up to $250,000 per unit) and are forced into expensive secondary insurance markets. This signing confirms the law's enactment but does not describe new policy mechanisms.