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SB1050Introduced in the Senate

Relating To Insurance.

EngrossedHouse Consumer Protection & Commerce

Introduced by Jarrett Keohokalole, District 24

What does this bill do?

Plain-English breakdown

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Official description

Allows captive insurance companies that are not risk retention captive insurance companies to apply to the Insurance Commissioner for certificates of exemption from examination after meeting certain requirements. Effective 7/1/2050. (SD1)

Where it stands

Carried over to 2026 Regular Session.

December 8, 2025

How did lawmakers vote?

SenateStage: Senate Commerce and Consumer Protection: Passed, With Amendments · February 21, 2025

5

Yes

0

No

0

Absent or Not Voting

5 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

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See how each senator voted

Bill history

  1. Introduced.

  2. Passed First Reading.

  3. Referred to CPN.

  4. The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.

  5. The committee(s) on CPN deferred the measure until 02-21-25 9:45AM; Conference Room 229 & Videoconference.

  6. 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) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

  7. Reported from CPN (Stand. Com. Rep. No. 808) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.

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

  9. 48 Hrs. Notice 03-04-25.

  10. Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 0 (none). Transmitted to House.

  11. Received from Senate (Sen. Com. No. 250) in amended form (SD 1).

  12. Pass First Reading

  13. Referred to CPC, referral sheet 19

  14. Carried over to 2026 Regular Session.

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