RELATING TO INSURANCE PROCEEDS.
Sponsored By: Angus L.K. McKelvey (Democratic)
Passed House
Summary
Requires mortgage servicers to comply with certain requirements regarding the disbursement of insurance proceeds for residential real estate that has been destroyed or damaged. Effective 7/1/3000. (HD1)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Angus L.K. McKelvey
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
Carol Fukunaga
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Received notice of appointment of House conferees (Hse. Com. No. 754).
4/21/2025SenateHouse Conferees Appointed: Matayoshi, Takenouchi Co-Chairs; Pierick.
4/17/2025HouseSenate Conferees Appointed: Keohokalole Chair; McKelvey Co-Chair; Fukunaga, Awa.
4/17/2025SenateReceived notice of Senate conferees (Sen. Com. No. 829).
4/17/2025HouseReceived from House (Hse. Com. No. 594).
4/8/2025SenateSenate disagrees with House amendments.
4/8/2025SenateReceived notice of disagreement (Sen. Com. No. 774).
4/8/2025HouseReported from FIN (Stand. Com. Rep. No. 1954), recommending passage on Third Reading.
4/4/2025HousePassed Second Reading; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kapela excused (2).
4/4/2025HousePassed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kapela excused (2). Transmitted to Senate.
4/4/2025HouseThe committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos.
4/1/2025HouseBill scheduled to be heard by FIN on Tuesday, 04-01-25 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
3/28/2025HouseReported from CPC (Stand. Com. Rep. No. 1481) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
3/21/2025HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Garrett, Kapela, Kitagawa, Ward excused (5).
3/21/2025HouseThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.
3/12/2025HouseBill scheduled to be heard by CPC on Wednesday, 03-12-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
3/10/2025HousePass First Reading
3/6/2025HouseReferred to CPC, FIN, referral sheet 19
3/6/2025HouseReport adopted; Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/4/2025SenateReceived from Senate (Sen. Com. No. 265) in amended form (SD 1).
3/4/2025HouseReported from CPN (Stand. Com. Rep. No. 802) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
2/27/2025SenateReport adopted; Passed Second Reading, as amended (SD 1).
2/27/2025Senate48 Hrs. Notice 03-04-25.
2/27/2025SenateThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2/25/2025SenateThe committee(s) on CPN has scheduled a public hearing on 02-25-25 9:34AM; Conference Room 229 & Videoconference.
2/20/2025Senate
Bill Text
Bill Text
Original
SB1142_HD1
SB1142_SD1
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