Hawaii Senate bill in Session 2026.
Status: in_committee. Latest action: February 13, 2025.
Condominium Insurance; Property and Casualty Insurance; Hawaii Condominium Mutual Insurance Company; Condominium Loan Fund; Associations of Apartment Owners; Reports; Appropriations.
Establishes the Hawaii Condominium Mutual Insurance Company to provide property and casualty insurance to high-rise residential condominium associations and the owners of those units. Requires reports to the Governor. Establishes the Condominium Loan Fund to assist associations of apartment owners experiencing increased insurance costs. Appropriates funds. Effective 7/1/2050. (SD1)
| Date | Event | Detail |
|---|---|---|
| 0000-00-00 | Introduced | Bill introduced |
| 2025-02-13 | Status | in_committee |
| 2025-02-13 | Latest Action | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |