Hawaii Senate Bill 2812 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 9-0)
Status: Passed on March 17 2010 - 100% progression
Action: 2010-03-17 - (S) Act 007, 3/17/2010 (Gov. Msg. No. 365).
Text: Latest bill text (Amended) [HTML]

Amends the frequency of statutorily required captive insurance company examinations from once every three years to once every five years, unless otherwise required by the Insurance Commissioner. Requires risk retention captive insurance companies to undergo examination within three years of formation. Eliminates reference to a repealed provision on minimum surplus requirements for captive insurance companies. Requires protected cell accounts established by sponsored captive insurance companies to be operated only under the forms of business organizations authorized by the Insurance Commissioner. (SD1)

Captive Insurance Companies

Sen. Rosalyn Baker [D]	Sen. Kalani English [D]	Sen. William Espero [D]	Sen. Carol Fukunaga [D]
Sen. David Ige [D]	Sen. Norman Sakamoto [D]	Sen. Dwight Takamine [D]	Sen. Brian Taniguchi [D]
Sen. Shan Tsutsui [D]

Date	Chamber	Action
2010-03-17		(S) Act 007, 3/17/2010 (Gov. Msg. No. 365).
2010-03-17		(H) Act 007, on 3/17/2010 (Gov. Msg. No. 212).
2010-03-05		(S) Enrolled to Governor.
2010-03-05		(S) Received from House (Hse. Com. No. 257).
2010-03-04		(H) Passed Third Reading with none voting no (0) and Bertram, Har, Pine, Thielen excused (4). Transmitted to Senate.
2010-03-03		(H) Passed Second Reading; placed on the calendar for Third Reading with none voting no (0) and Bertram, Hanohano, Marumoto, Nakashima, M. Oshiro, Thielen, Tokioka, Ward excused (8).
2010-03-03		(H) Reported from CPC (Stand. Com. Rep. No. 677-10), recommending passage on Second Reading and placement on the calendar for Third Reading.
2010-02-24		(H) The committees on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 10 Ayes: Representative(s) Herkes, Wakai, Belatti, Ito, McKelvey, Mizuno, Souki, Tsuji, Marumoto, Thielen; Ayes with reservations: none; Noes: none; and 5 Excused: Representative(s) Cabanilla, Carroll, Karamatsu, Luke, Morita.
2010-02-18		(H) Bill scheduled to be heard by CPC on Wednesday, 02-24-10 2:00PM in House conference room 325.
2010-02-12		(H) Referred to CPC, referral sheet 27
2010-02-12		(H) Pass First Reading
2010-02-11		(H) Received from Senate (Sen. Com. No. 28) in amended form (SD 1).
2010-02-11		(S) Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Tokuda). Transmitted to House.
2010-02-09		(S) 48 Hrs. Notice 02-11-10.
2010-02-09		(S) Report adopted; Passed Second Reading, as amended (SD 1).
2010-02-09		(S) Reported from CPN (Stand. Com. Rep. No. 2109) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
2010-02-02		(S) 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) Baker, Espero, Green, Sakamoto, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ige, Ihara.
2010-01-28		(S) The committee(s) on CPN has scheduled a public hearing on 02-02-10 9:00am in conference room 229.
2010-01-27		(S) Referred to CPN.
2010-01-27		(S) Passed First Reading.
2010-01-25		(S) Introduced.

Type	Source
Summary	http://capitol.hawaii.gov/Archives/measure_indiv_Archives.aspx?billtype=SB&billnumber=2812&year=2010
Text	http://www.capitol.hawaii.gov/session2010/Bills/SB2812_.HTM
Text	http://www.capitol.hawaii.gov/session2010/Bills/SB2812_SD1_.HTM
Text	http://www.capitol.hawaii.gov/session2010/CommReports/SB2812_SD1_HSCR677-10_.HTM
Text	http://www.capitol.hawaii.gov/session2010/CommReports/SB2812_SD1_SSCR2109_.HTM