SB 706 Hawaii Senate · 2025 Regular Session

RELATING TO INSURANCE.

Summary

Requires the Hawaii Property Insurance Association to include in its plan of operation insurance coverage for commercial properties twice denied by private insurers. Effective 7/1/2050. (SD1)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2025 Last action Feb 10, 2025

Maddy AI version diff · 1 comparison

What changed between versions

SB706 → SB706_SD1 · 3 edits

MINOR

The bill was reformatted from a standard Senate bill to a Senate Draft 1 version, with significant changes to the effective date and bill metadata. The most substantive change is the effective date being moved from 'upon approval' to July 1, 2050, which delays implementation by several years. The core policy requirement for the Hawaii Property Insurance Association to cover commercial properties denied by two private insurers remains unchanged.

Scope change

The scope of the bill remains the same regarding insurance coverage requirements, but the timeline for implementation has been significantly extended.

TIMELINE

The effective date was changed from 'upon approval' to July 1, 2050, delaying when the insurance coverage requirements take effect.

TECHNICAL

The bill format was converted from a standard Senate bill to a Senate Draft 1 template, including updated metadata fields and formatting.

The bill title and description were updated to reflect the new effective date and include the SD1 designation.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 10, 2025

Committee

Reported from CPN (Stand. Com. Rep. No. 175) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Jan 31, 2025

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa.

upper

Jan 24, 2025

Upper · Passed

The committee(s) on CPN has scheduled a public hearing on 01-31-25 9:30AM; Conference Room 229 & Videoconference.

upper

Jan 23, 2025

Committee

Referred to CPN, WAM.

upper

Jan 17, 2025

Introduced

Introduced.

upper

2 primary · 2 co-sponsors