Bill Commons

HI SB 1366

died on adjournment

RELATING TO INTEREST ON INSURANCE PROCEEDS RELATED TO A MORTGAGE LOAN.

Hawaii · 2026 Regular Session · upper

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Quick answers

Did HI SB 1366 pass?

No. HI SB 1366 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2025-12-08): Carried over to 2026 Regular Session.

What is HI SB 1366 about?

Requires licensed mortgage servicers and financial institutions to pay interest on insurance proceeds held for the benefit of consumers. Provides that a fee shall not be charged to the borrower in connection with the maintenance or disbursement of interest earned from interest-bearing accounts. Effective 7/1/2050. (SD1)

Who sponsors HI SB 1366?

KOUCHI is the primary sponsor of HI SB 1366.

Description

Requires licensed mortgage servicers and financial institutions to pay interest on insurance proceeds held for the benefit of consumers. Provides that a fee shall not be charged to the borrower in connection with the maintenance or disbursement of interest earned from interest-bearing accounts. Effective 7/1/2050. (SD1)

Introduced
2025-01-23
Latest action
2025-12-08 — Carried over to 2026 Regular Session.
Bill type
bill
Last updated
—

Subjects

Sponsors

  • KOUCHIprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-03-06

    Pass First Reading

    reading-1

  3. 2025-03-06

    Referred to CPC, FIN, referral sheet 19

    referral-committee

  4. 2025-03-04

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

    passage

  5. 2025-03-04

    Received from Senate (Sen. Com. No. 313) in amended form (SD 1).

    introduction,receipt

  6. 2025-02-27

    Reported from CPN (Stand. Com. Rep. No. 793) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

  7. 2025-02-27

    Report adopted; Passed Second Reading, as amended (SD 1).

    passage,reading-2,referral-committee

  8. 2025-02-27

    48 Hrs. Notice 03-04-25.

  9. 2025-02-14

    The 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.

    committee-passage-favorable

  10. 2025-02-10

    The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.

  11. 2025-01-27

    Referred to CPN.

    referral-committee

  12. 2025-01-23

    Introduced and passed First Reading.

    introduction,reading-1

  13. 2025-01-21

    Pending Introduction.

Versions

Documents

Votes

  • The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS.

    2025-02-14 · pass · 5-0

    Member-level votes (5)
    • Keohokalole: yes
    • Fukunaga: yes
    • McKelvey: yes
    • Richards: yes
    • Awa: yes
  • Passed Third Reading, as amended (SD 1).

    2025-03-04 · pass · 25-0

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Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z

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