Bill Commons

HI HB 1047

died on adjournment

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

Hawaii · 2026 Regular Session · lower

Quick answers

Did HI HB 1047 pass?

No. HI HB 1047 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 HB 1047 about?

Requires Hawaii financial institutions, during a declared state of emergency, and mortgage servicers to determine whether insurance proceeds are to be applied to a mortgage or be placed into an interest-bearing escrow account. Prohibits charging a fee for the maintenance or disbursement of the interest earned from the interest-bearing escrow account. (HD1)

Who sponsors HI HB 1047?

NAKAMURA is the primary sponsor of HI HB 1047.

Description

Requires Hawaii financial institutions, during a declared state of emergency, and mortgage servicers to determine whether insurance proceeds are to be applied to a mortgage or be placed into an interest-bearing escrow account. Prohibits charging a fee for the maintenance or disbursement of the interest earned from the interest-bearing escrow account. (HD1)

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

Subjects

Sponsors

  • NAKAMURAprimary

Committees

Not provided by source.

Action timeline

  1. 2025-12-08

    Carried over to 2026 Regular Session.

    carried-over

  2. 2025-02-14

    Passed 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, Matayoshi, Poepoe, Ward excused (4).

    reading-2,referral-committee

  3. 2025-02-14

    Reported from CPC (Stand. Com. Rep. No. 674) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  4. 2025-02-11

    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.

    committee-passage-favorable

  5. 2025-02-07

    Bill scheduled for decision making on Tuesday, 02-11-25 2:00PM in conference room 329 VIA VIDEOCONFERENCE.

  6. 2025-02-04

    The committee(s) on CPC recommend(s) that the measure be deferred.

    deferral

  7. 2025-01-31

    Bill scheduled to be heard by CPC on Tuesday, 02-04-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.

  8. 2025-01-23

    Referred to CPC, FIN, referral sheet 3

    referral-committee

  9. 2025-01-23

    Introduced and Pass First Reading.

    introduction,reading-1

  10. 2025-01-21

    Pending introduction.

Versions

Documents

Votes

  • The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS.

    2025-02-11 · pass · 10-0

    Member-level votes (10)
    • Matayoshi: yes
    • Chun: yes
    • Ilagan: yes
    • Ichiyama: yes
    • Iwamoto: yes
    • Kong: yes
    • Lowen: yes
    • Marten: yes
    • Tam: yes
    • Pierick: yes

Related bills

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1047&year=2026

Attribution

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

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=HI&identifier=HB 1047. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.