Hawaii · 2025 Regular Session · Bill
SB 1140: RELATING TO INSURANCE OF LAST RESORT.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1140 is a bill introduced in the Hawaii Senate on January 17, 2025. According to its official title, it concerns: RELATING TO INSURANCE OF LAST RESORT. Primary sponsor: Angus McKelvey (Democratic), Stanley Chang (Democratic), Carol Fukunaga (Democratic). It lists 1 additional sponsor. Most recent recorded action (February 10, 2025): Reported from CPN (Stand. Com. Rep. No. 174) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Establishes the Fair Access to Insurance Requirements (FAIR) Program, which shall be established in and administered by the Department of Commerce and Consumer Affairs to ensure that residents in high-risk areas can purchase affordable and comprehensive property insurance coverage for their residential properties. Authorizes the Director of Commerce and Consumer Affairs to issue revenue bonds in amounts authorized by the Legislature, in which case the Premium Stabilization Fund shall be established by the Director. Effective 7/1/2050. (SD1)
Sponsors
Sponsors by party (alphabetical): Democratic 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Angus McKelvey | Primary sponsor | Democratic | Senate | 6 |
| Stanley Chang | Primary sponsor | Democratic | Senate | 9 |
| Carol Fukunaga | Primary sponsor | Democratic | Senate | 11 |
| Tim Richards | Co-sponsor | Democratic | Senate | 4 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Reported from CPN (Stand. Com. Rep. No. 174) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
- Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
- The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa.
- The committee(s) on CPN has scheduled a public hearing on 01-31-25 9:30AM; Conference Room 229 & Videoconference.
- Referred to CPN, WAM/JDC.
- Passed First Reading.
- Introduced.