Hawaii State Legislature
2004 Legislative Session

HB2139 HD1

Generated on 7/19/2004 11:17:10 AM

Report Title: Insurance; Annuities
Description: Amends the standard nonforfeiture law for individual deferred annuity contracts by extending for 2 years the 1.5% interest rate for determining the minimum nonforfeiture amount; establishes an indexed rate with a maximum of 3% and minimum of 1% to be phased in during the 2 years and used exclusively thereafter. (HB2139 HD1)
Package: None
Introducer(s): HIRAKI
Current Referral:CPH

Date Status Text
1/28/2004HPass First Reading
1/28/2004HReferred to CPC, referral sheet 4
1/29/2004HBill scheduled to be heard by CPC on Monday, 02-02-04 at 1:30 pm in House conference room 325.
2/2/2004HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Hiraki, Herkes, Caldwell, Chang, Lee, Sonson, Souki, Finnegan, Marumoto; Ayes with reservations: none; 0 Noes: none; and 6 Excused: Ito, Kanoho, B. Oshiro, M. Oshiro, Stonebraker, Thielen.
2/25/2004HReported from the committee on CPC (Stand. Com. Rep. No. 497-04) as amended in (HD 1), recommending passage on Second Reading and placement on the calendar for Third Reading.
2/25/2004HPassed Second Reading as amended in (HD 1); placed on the calendar for Third Reading with none voting no and Ontai, Takumi excused.
2/27/2004HPassed Third Reading as amended in (HD 1) with none voting no and Halford excused.
2/27/2004HTransmitted to Senate.
3/1/2004SReceived from House (Hse. Com. No. 32).
3/1/2004SPassed First Reading.
3/1/2004SDeferred until 03-02-04.
3/2/2004SDeferred until 03-03-04.
3/3/2004SDeferred until 03-04-04.
3/4/2004SDeferred until 03-05-04.
3/5/2004SReferred to CPH.
3/12/2004SThe committee on CPH has scheduled a public hearing on 03-19-04 at 9:00 am in conference room 016.
3/19/2004SThe committee on CPH deferred the measure until 03-23-04 at 9:00 am in conference room 016.
3/23/2004SThe committee(s) on CPH recommend(s) that the measure be PASSED, UNAMENDED. The votes in CPH were as follows: 4 Aye(s): Senator(s) Menor, Baker, Espero, Sakamoto; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) Ige, Kim, Whalen.
3/30/2004SReported from CPH (Stand. Com. Rep. No. 3069) with recommendation of passage on Second Reading and placement on the calendar for Third Reading.
3/30/2004SReport adopted; Passed Second Reading.
3/30/2004S48 Hrs. Notice 04-01-04.
4/1/2004SPassed Third Reading. Ayes, 23; Aye(s) with reservations: none . Noes, 0 (none). Excused, 2 (Senator(s) Ihara, Kim). Transmitted to House.
4/1/2004HReturned from Senate (Sen. Com. No. 392).
4/2/2004HTransmitted to Governor.
4/22/2004HAct 015, on 4/22/2004 (Gov. Msg. No. 183).
4/23/2004SAct 15, 4/22/2004 (Gov. Msg. No. 485).

$ = Appropriation measure
ConAm = Constitutional Amendment