Bill Commons

HI SB 2043

enacted

RELATING TO INSURANCE.

Hawaii · 2026 Regular Session · upper

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Quick answers

Did HI SB 2043 pass?

Yes. HI SB 2043 has been enacted into law. Latest recorded action (2026-07-14): Act 255, 07/14/2026 (Gov. Msg. No. 1357).

What is HI SB 2043 about?

Until 12/31/2031, specifies that captive insurance companies that are not risk retention captive insurance companies are subject to examination no later than five years after licensure and any additional examination at the discretion of the Insurance Commissioner. On or after 1/1/2032, subjects captive insurance companies that are not risk retention captive insurance companies to examination at least once every five years. Requires the Insurance Commissioner to submit a report to the Legislature before the Regular Session of 2031. Effective 7/1/2026. (CD1)

Who sponsors HI SB 2043?

KEOHOKALOLE is the primary sponsor of HI SB 2043.

Description

Until 12/31/2031, specifies that captive insurance companies that are not risk retention captive insurance companies are subject to examination no later than five years after licensure and any additional examination at the discretion of the Insurance Commissioner. On or after 1/1/2032, subjects captive insurance companies that are not risk retention captive insurance companies to examination at least once every five years. Requires the Insurance Commissioner to submit a report to the Legislature before the Regular Session of 2031. Effective 7/1/2026. (CD1)

Introduced
2026-01-21
Latest action
2026-07-14 — Act 255, 07/14/2026 (Gov. Msg. No. 1357).
Bill type
bill
Last updated
—

Subjects

Sponsors

  • KEOHOKALOLEprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-07-14

    Act 255, 07/14/2026 (Gov. Msg. No. 1357).

    became-law

  2. 2026-07-14

    Act 255, on 07/14/2026 (Gov. Msg. No. 1357).

    became-law

  3. 2026-05-08

    Received notice of passage on Final Reading in House (Hse. Com. No. 888).

    receipt

  4. 2026-05-08

    Enrolled to Governor.

    executive-receipt

  5. 2026-05-06

    Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

    passage

  6. 2026-05-06

    Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).

    passage

  7. 2026-05-06

    Received notice of Final Reading (Sen. Com. No. 816).

    receipt

  8. 2026-04-29

    Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 46-26).

  9. 2026-04-29

    48 Hrs. Notice (as amended CD 1) 05-06-26.

  10. 2026-04-29

    Reported from Conference Committee (Conf Com. Rep. No. 46-26) as amended in (CD 1).

  11. 2026-04-29

    Forty-eight (48) hours notice Wednesday, 05-06-26.

  12. 2026-04-28

    The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Keohokalole, Lamosao; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.

    committee-passage-favorable

  13. 2026-04-28

    The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Grandinetti, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

    committee-passage-favorable

  14. 2026-04-27

    Conference committee meeting to reconvene on 04-28-26 2:30PM; Conference Room 224.

  15. 2026-04-24

    Bill scheduled for Conference Committee Meeting on Monday, 04-27-26 2:30PM in conference room 224.

  16. 2026-04-23

    Received notice of Senate conferees (Sen. Com. No. 724).

    receipt

  17. 2026-04-22

    Senate Conferees Appointed: Keohokalole Chair; Lamosao Co-Chair; Awa.

  18. 2026-04-21

    House Conferees Appointed: Matayoshi Chair; Grandinetti, Pierick.

  19. 2026-04-21

    Received notice of appointment of House conferees (Hse. Com. No. 800).

    receipt

  20. 2026-04-10

    Received from House (Hse. Com. No. 499).

    introduction,receipt

  21. 2026-04-10

    Senate disagrees with House amendments.

    amendment-failure

  22. 2026-04-10

    Received notice of disagreement (Sen. Com. No. 564).

    receipt

  23. 2026-04-09

    Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.

    passage

  24. 2026-04-07

    Reported from CPC (Stand. Com. Rep. No. 1812-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.

  25. 2026-04-07

    Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Lowen, Olds, Quinlan excused (3).

  26. 2026-03-31

    The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.

    committee-passage-favorable

  27. 2026-03-27

    Bill scheduled to be heard by CPC on Tuesday, 03-31-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.

  28. 2026-02-12

    Referred to CPC, referral sheet 12

    referral-committee

  29. 2026-02-10

    Pass First Reading

    reading-1

  30. 2026-02-06

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

    passage

  31. 2026-02-06

    Received from Senate (Sen. Com. No. 3) in amended form (SD 1).

    introduction,receipt

  32. 2026-02-04

    Reported from CPN (Stand. Com. Rep. No. 2107) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

  33. 2026-02-04

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

    passage,reading-2,referral-committee

  34. 2026-02-04

    48 Hrs. Notice 02-06-26.

  35. 2026-01-29

    The 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, Awa; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.

    committee-passage-favorable

  36. 2026-01-28

    The committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.

  37. 2026-01-23

    The committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference.

  38. 2026-01-22

    Referred to CPN.

    referral-committee

  39. 2026-01-21

    Introduced and passed First Reading.

    introduction,reading-1

  40. 2026-01-14

    Pending Introduction.

Versions

Documents

Votes

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

    2026-01-29 · pass · 4-0

    Member-level votes (5)
    • Keohokalole: yes
    • Fukunaga: yes
    • Awa: yes
    • McKelvey: yes
    • Lamosao: not voting

  • Passed Third Reading, as amended (SD 1).

    2026-02-06 · pass · 25-0

    Member-level votes (2)
    • Ihara: yes
    • McKelvey: yes

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

    2026-03-31 · pass · 9-0

    Member-level votes (11)
    • Matayoshi: yes
    • Grandinetti: yes
    • Chun: yes
    • Ilagan: yes
    • Iwamoto: yes
    • Kong: yes
    • Marten: yes
    • Tam: yes
    • Pierick: yes
    • Ichiyama: not voting
    • Lowen: not voting

  • The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS.

    2026-04-28 · pass · 2-0

    Member-level votes (3)
    • Keohokalole: yes
    • Lamosao: yes
    • Awa: not voting

  • The Conference Committee recommends that the measure be Passed, with Amendments.

    2026-04-28 · pass · 3-0

    Member-level votes (3)
    • Matayoshi: yes
    • Grandinetti: yes
    • Pierick: yes

Related bills

No related bills recorded for this bill.

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2043&year=2026

Attribution

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

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