SB804: Relating To Insurance For Hawaii Condominium Properties.

What this measure contains

Requires property insurers to offer discounts on a condominium association's annual insurance premium if the association adopts specific risk mitigation upgrades or develops comprehensive disaster response plans. Requires property insurers of condominiums to base premium increases on actuarial justifications that reflect actual risk reduction resulting from upgraded fire safety improvements installed in conjunction with a building fire and life safety evaluation. Requires property insurers of condominiums to justify premium increases above ten per cent. Requires property insurers of condominiums to publicly report premium increases each year. Effective 7/1/2050. (SD2)

This is the description in the imported bill snapshot. It may describe a later draft than the version considered in this vote. The recorded motion above identifies the decision; the bill description does not establish the exact text voted on.

Official measure page ↗

Official text and draft versions

• Introduced· Jan 17, 2025 · Official original ↗
• Amended· Feb 13, 2025 · Official original ↗
• Amended· Feb 28, 2025 · Official original ↗Published after this vote

Document dates help distinguish drafts. A document published before the vote is not proof that this was the version considered.

Recorded decision and member tally

Senate Judiciary: Passed, With Amendments

This record lists 5 members; its source-reported total is 5.

Committee and conference committee votes involve the assigned members, rather than the entire House or Senate. A tally of three or five members can be a committee decision. The action above identifies the source's decision; these records do not establish that all chamber votes have been captured.

Source outcome: passed.

Yes

4

No

0

Not voting

0

Absent / excused

1

This outcome applies to the recorded motion. It does not by itself mean the measure became law. The original description and each member’s recorded vote are preserved below.

Members listed for this decision

Names come from the imported legislative person record. A profile link appears only when the person has a verified officeholder mapping applicable to the vote date. Missing mappings are kept visible rather than guessed from a name or seat.