SB 1369 Hawaii Senate · 2025 Regular Session

RELATING TO TITLE 24, HAWAII REVISED STATUTES.

Summary

Amends net solvency report filing requirements for mutual benefit societies, dental insurers, and health maintenance organizations. Effective 10/1/2025. (HD1)

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Mar 2025

Senate Passage

Apr 2025

House Passage

Apr 2025

Signed into Law

May 2025

Introduced Jan 21, 2025 Signed May 16, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

SB1369_HD1 → SB1369_SD1 · 4 edits

MODERATE

This bill updates the requirements for domestic mutual benefit societies, health maintenance organizations, and dental insurers to submit quarterly net solvency reports to the state commissioner. The changes clarify reporting deadlines and maintain the requirement for reports to be verified by two principal officers. The Senate version (HD1) and Senate District version (SD1) show minor formatting differences but contain the same substantive policy content.

Scope change

The bill applies to three types of entities: domestic mutual benefit societies, health maintenance organizations, and dental insurers. No change in scope or applicability was identified between the two versions.

REQUIREMENT

Clarified that quarterly net solvency reports must be submitted by the 45th day after each quarter ends, with the fourth quarter report due by March 1.

Maintained the requirement that reports must be verified by at least two principal officers.

TIMELINE

The effective date for the main provisions is October 1, 2025, but the SD1 version adds a provision that the entire act takes effect on July 1, 2050, creating a potential conflict or clarification of when the law becomes fully operational.

ENFORCEMENT

Penalties for failing to submit reports remain between $100 and $500 per day, with the commissioner retaining authority to order examinations.

Floor votes · Senate Mar 4, 2025

How they voted

25–0

Passed

Total votes 25

Mar 4, 2025

D Democratic22

22 Yea

100% Yea

R Republican3

3 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 23, 2025

Upper · Passed

Passed Final Reading. Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

upper

Apr 22, 2025

Introduced

Reconsideration of action taken on 04-04-25 in disagreeing to the House amendments.

upper

Apr 4, 2025

Amended

Senate disagrees with House amendments.

upper

Apr 4, 2025

Introduced

Received from House (Hse. Com. No. 487).

upper

Apr 3, 2025

Lower · Passed

Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.

lower

Mar 25, 2025

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

Mar 6, 2025

Committee

Referred to CPC, referral sheet 19

lower

Mar 4, 2025

Introduced

Received from Senate (Sen. Com. No. 315) in amended form (SD 1).

lower

Mar 4, 2025

Upper · Passed

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

upper

Feb 4, 2025

Upper · Passed

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, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Richards.

upper

Jan 30, 2025

Upper · Passed

The committee(s) on CPN has scheduled a public hearing on 02-04-25 9:35AM; Conference Room 229 & Videoconference.

upper

Jan 27, 2025

Committee

Referred to CPN.

upper

Jan 23, 2025

Introduced

Introduced and passed First Reading.

upper

Jan 21, 2025

Introduced

Pending Introduction.

upper

1 primary · 0 co-sponsors