RELATING TO INSURANCE.
Summary
Allows authorized insurers in the State to offer building and hurricane damage insurance for condominium buildings at a lesser rate than the building's prior surplus lines insurance policy for the same coverage. Effective 7/1/3000. (HD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025
Last action Dec 8, 2025
Maddy AI version diff · 1 comparison
What changed between versions
HB253
→
HB253_HD1
·
3 edits
MINOR
The bill's effective date was moved from immediate approval to July 1, 3000, likely to serve as a placeholder or error correction. Additionally, the text was updated to explicitly include an effective date note within the bill's body, and administrative metadata regarding versioning and dates was refreshed.
TIMELINE
The effective date of the Act was changed from 'upon approval' to 'July 1, 3000'.
REQUIREMENT
A specific instruction to include an effective date note ('Effective 7/1/3000') was added to the bill text.
TECHNICAL
Administrative metadata, including version numbers, timestamps, and document identifiers, was updated to reflect the new House Draft 1 status.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
1
Committee
3
Feb 7, 2025
Committee
Reported from CPC (Stand. Com. Rep. No. 254) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Jan 30, 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; Noes: none; and Excused: none.
lower
Jan 21, 2025
Committee
Referred to CPC, FIN, referral sheet 1
lower
Jan 17, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 16, 2025
Introduced
Pending introduction.
lower
2 primary · 0 co-sponsors
Sponsors
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