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SB2044Introduced in the Senate

Relating To Insurance.

IntroducedSenate Ways and Means

Introduced by Jarrett Keohokalole, District 24

What does this bill do?

Plain-English breakdown

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Official description

Exempts a dormant captive insurance company that has been issued a certificate of dormancy from certain taxes and the requirement that its governing body hold at least one meeting each year in the State. Effective 1/1/3000. (SD1)

Where it stands

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

February 4, 2026

How did lawmakers vote?

SenateStage: Senate Commerce and Consumer Protection: Passed, With Amendments · January 29, 2026

4

Yes

0

No

1

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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Bill history

  1. Pending Introduction.

  2. Introduced and passed First Reading.

  3. Referred to CPN, WAM.

  4. The committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference.

  5. The committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.

  6. The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.

  7. Reported from CPN (Stand. Com. Rep. No. 2108) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  8. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

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