30th Legislature, 2019
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SB2812 SD1     
Report Title: Captive Insurance Companies
Description: 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 Eliminates reference to a repealed provision on minimum surplus requirements for captive insurance companies.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)
Package: None
Current Referral: CPC
Introducer(s): BAKER, ENGLISH, ESPERO, FUKUNAGA, TSUTSUI, Ige, Sakamoto, Takamine, Taniguchi

Sort by Date Status Text
1/27/2010SPassed First Reading.
1/27/2010SReferred to CPN.
1/28/2010SThe committee(s) on CPN has scheduled a public hearing on 02-02-10 9:00am in conference room 229.
2/2/2010SThe 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.
2/9/2010SReported 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.
2/9/2010SReport adopted; Passed Second Reading, as amended (SD 1).
2/9/2010S48 Hrs. Notice 02-11-10.
2/11/2010SPassed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Tokuda). Transmitted to House.
2/11/2010HReceived from Senate (Sen. Com. No. 28) in amended form (SD 1).
2/12/2010HPass First Reading
2/12/2010HReferred to CPC, referral sheet 27
2/18/2010HBill scheduled to be heard by CPC on Wednesday, 02-24-10 2:00PM in House conference room 325.
2/24/2010HThe 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.
3/3/2010HReported from CPC (Stand. Com. Rep. No. 677-10), recommending passage on Second Reading and placement on the calendar for Third Reading.
3/3/2010HPassed 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).
3/4/2010HPassed Third Reading with none voting no (0) and Bertram, Har, Pine, Thielen excused (4). Transmitted to Senate.
3/5/2010SReceived from House (Hse. Com. No. 257).
3/5/2010SEnrolled to Governor.
3/17/2010HAct 007, on 3/17/2010 (Gov. Msg. No. 212).
3/17/2010SAct 007, 3/17/2010 (Gov. Msg. No. 365).

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB2812 SD1

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CPN 229 2/02/2010 9:00 AM View
CPC 325 2/24/2010 2:00 PM View