Bill Text: HI HB2206 | 2018 | Regular Session | Amended
Bill Title: Relating To Insurance.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2018-02-13 - 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) Souki excused (1). [HB2206 Detail]
Download: Hawaii-2018-HB2206-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2206 |
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TWENTY-NINTH LEGISLATURE, 2018 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO INSURANCE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 431:3A-202, Hawaii Revised Statutes, is amended to read as follows:
"[[]§431:3A-202[]] [Annual] Semiannual privacy
notice to customers required. (a) A
licensee shall provide a clear and conspicuous notice to customers that
accurately reflects its privacy policies and practices not less than [annually]
semiannually during the continuation of the customer relationship. [Annually] For purposes of this
section, "semiannually" means at least once in any period of [twelve]
six consecutive months during which that relationship exists. A licensee may define the [twelve
consecutive month] six-consecutive-month period, but the licensee
shall apply it to the customer on a consistent basis.
(b) A
licensee shall not be required to provide [an annual] a semiannual
notice to a former customer. A former
customer is an individual with whom a licensee no longer has a continuing
relationship.
(c) If a
licensee is required under this section to deliver [an annual] a
semiannual privacy notice, the licensee shall deliver it according to section
431:3A-206."
SECTION 3. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 5. This Act shall take effect upon its approval.
Report Title:
Insurance; Financial Information; Privacy
Description:
Requires an insurer to provide privacy notices on a semiannual basis rather than an annual basis. (HB2206 HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
