HI SB2745 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-02-10 - The committee on CPH deferred the measure.
Pending: Senate Commerce, Consumer Protection, and Health Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-02-10 - The committee on CPH deferred the measure.
Pending: Senate Commerce, Consumer Protection, and Health Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires financial institutions and mortgage servicers to provide written notice to borrowers regarding the status of their insurance coverage; obtain force-placed insurance subject to certain conditions; and terminate and refund any moneys to the borrower upon receipt of the confirmation of a borrower's existing insurance coverage.
Title
Force-placed Insurance; Notice; Financial Institutions; Mortgage Servicers
Sponsors
| Sen. Maile Shimabukuro [D] | Sen. Rosalyn Baker [D] | Sen. Les Ihara [D] | Sen. Lorraine Inouye [D] |
| Sen. Michelle Kidani [D] | Sen. Donna Kim [D] | Sen. Clarence Nishihara [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-10 | Senate | The committee on CPH deferred the measure. |
| 2016-02-04 | Senate | The committee(s) on CPH has scheduled a public hearing on 02-10-16 9:30AM in conference room 229. |
| 2016-01-27 | Senate | Referred to CPH, WAM. |
| 2016-01-27 | Senate | Passed First Reading. |
| 2016-01-27 | Senate | Introduced. |
Same As/Similar To
HB2203 (Same As) 2016-02-08 - The committee(s) on CPC recommend(s) that the measure be deferred.
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2745&year=2016 |
| Text | http://www.capitol.hawaii.gov/session2016/bills/SB2745_.HTM |
