HI SB2327 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 19 2018 - 25% progression, died in committee
Action: 2018-02-14 - The committee on WTL deferred the measure.
Pending: Senate Agriculture and Environment Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes the global warming and erosion reserve branch within the insurance division of the department of commerce and consumer affairs. Beginning June 1, 2019, requires authorized property insurers that cover losses resulting from an environmental event, including global warming, erosion, or both, to establish a Hawaii mandatory global warming and erosion reserve, to fund the payment of claims associated with global warming and erosion in the State's shoreline areas. Appropriates funds.

Tracking Information

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Title

Relating To Insurance.

Sponsors


History

DateChamberAction
2018-02-14SenateThe committee on WTL deferred the measure.
2018-02-14SenateThe committee on AEN deferred the measure.
2018-02-09SenateThe committee(s) on AEN/WTL has scheduled a public hearing on 02-14-18 1:15PM in conference room 224.
2018-01-22SenateReferred to AEN/WTL, CPH/WAM.
2018-01-22SenatePassed First Reading.
2018-01-19SenateIntroduced.

Subjects


Hawaii State Sources


Bill Comments

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