Hawaii State Legislature
2004 Legislative Session

HB504 HD1

Generated on 7/19/2004 11:06:37 AM

Report Title: Force-Placed Insurance
Description: Requires lenders who force-place motor vehicle insurance on the vehicle that is the subject of the loan after the borrower allows the insurance required under the loan contract to lapse, to obtain reimbursement from the borrower for insurance premiums that do not exceed the lesser of rates allowed by the Insurance Commissioner, or 110 percent of the rate the buyer can obtain for the same coverage; allows a borrower to obtain a policy to replace the force-placed insurance. (HB504 HD1)
Package: None
Introducer(s): HALFORD, HIRAKI, Ching, Blundell, Fox
Current Referral:CPH

Date Status Text
1/22/2003HPass First Reading
1/24/2003HReferred to CPC, referral sheet 3.
1/24/2003HBill scheduled to be heard by CPC on Monday, 01-27-03 at 2:00 pm in House conference room 325.
1/27/2003HThe committee(s) recommends that the measure be deferred.
2/14/2003HBill scheduled for decision making on Wednesday, 02-19-03 at 1:30 pm in conference room 325.
2/19/2003HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 12 Ayes: Representative(s) Hiraki, Herkes, Caldwell, Chang, Lee, Souki; Ayes with reservations: Representative(s) B. Oshiro, Sonson, Finnegan, Marumoto, Stonebraker, Thielen; 0 Noes: none; and 3 Excused: Representative(s) Ito, Kanoho, M. Oshiro.
2/27/2003HReported from the committee on CPC (Stand. Com. Rep. No. 616) as amended in (HD 1), recommending passage on Second Reading and placement on the calendar for Third Reading.
2/27/2003HPassed Second Reading as amended in (HD 1); placed on the calendar for Third Reading with none voting no and none excused.
3/4/2003HPassed Third Reading as amended in (HD 1) with Representative(s) Stonebraker voting no and Representative(s) Halford, M. Oshiro excused.
3/5/2003HTransmitted to Senate.
3/6/2003SReceived from House (Hse. Com. No. 223).
3/6/2003SPassed First Reading.
3/6/2003SDeferred until 03-07-03.
3/7/2003SReferred to CPH.
8/21/2003DCarried over to 2004 Regular Session

$ = Appropriation measure
ConAm = Constitutional Amendment