All Roll Calls
Yes: 4 • No: 0
HawaiiSB 20422025–2026 Regular Session (Year 2)Senate
RELATING TO INSURANCE.
Sponsored By: Jarrett Keohokalole (Democratic)
Passed
Summary
Reduces the unimpaired minimum capital and surplus that class 4 sponsored captive insurance companies are required to maintain. Effective 1/1/3000. (SD1)
InsuranceSponsored Captive Insurance CompaniesMinimum Capital and SurplusReductionCPN, WAM
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Jarrett Keohokalole
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
Carol Fukunaga
Democratic • Senate
Michelle N. Kidani
Democratic • Senate
Roll Call Votes
Senate vote • 1/29/2026
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENT...
Yes: 4 • No: 0
Actions Timeline
Reported from CPN (Stand. Com. Rep. No. 2110) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/6/2026SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/6/2026SenateThe 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) Lamosao.
1/29/2026SenateThe committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.
1/28/2026SenateThe committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference.
1/23/2026SenateReferred to CPN, WAM.
1/22/2026SenateIntroduced and passed First Reading.
1/21/2026SenatePending Introduction.
1/14/2026Senate
Bill Text
Bill Text
Original
SB2042_SD1
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