republic-os/legislation/us/states/hi/2024/hb-2394.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	RELATING TO INSURANCE.	Amends various provisions of the Insurance Code to update and improve existing provisions. Defines "dormant captive insurance company", sets out a procedure to apply for a certificate of dormancy, and exempts certified dormant captive insurance companies from certain tax and reporting requirements. Includes in the term "trade name", names under which individuals or business entities are conducting business or doing business as. Clarifies continuing education provider filing requirements. Clarifies reinsurance intermediary-manager filing requirements. Amends the surety bond threshold requirement for third party administrators and clarifies the audited financial statements requirements. Amends the definitions of "controlled unaffiliated business" and "participant" as applied to captive insurance companies. (SD1)	us/states/hi	Hawaii Legislature	2024	HB 2394	Hawaii HB 2394 (2024)	bill	Captive Insurers Insurance Code Producers Reinsurance Intermediary-Managers Reinsurers Surety Bond Third Party Administrators Trade Name	enacted	SAIKI	4	33	3	2024-01-22	2024-06-24	openstates	ocd-bill/f906d20e-a7b8-4eeb-85e0-f3f93994dfae	https://capitol.hawaii.gov/session/archives/measure_indiv_Archives.aspx?billtype=HB&billnumber=2394&year=2024	c7e9d29ee140ca2eedaeabd1ef5188b808735a521a78d757370a5d1e131f9a2d	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-hi

Hawaii HB 2394 (2024) — RELATING TO INSURANCE.

Amends various provisions of the Insurance Code to update and improve existing provisions. Defines "dormant captive insurance company", sets out a procedure to apply for a certificate of dormancy, and exempts certified dormant captive insurance companies from certain tax and reporting requirements. Includes in the term "trade name", names under which individuals or business entities are conducting business or doing business as. Clarifies continuing education provider filing requirements. Clarifies reinsurance intermediary-manager filing requirements. Amends the surety bond threshold requirement for third party administrators and clarifies the audited financial statements requirements. Amends the definitions of "controlled unaffiliated business" and "participant" as applied to captive insurance companies. (SD1)

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. HB2394 (committee substitute) — source
2. HB2394_HD1 (committee substitute) — source
3. HB2394_SD1 (committee substitute) — source
4. HB2394_SD1_PROPOSED (committee substitute) — source

Votes

• Reconsider: The committee on FIN recommend that the measure be PASSED, UNAMENDED. — 14–0 (pass) · lower
• The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. — 8–0 (pass) · lower
• Reconsider: The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. — 4–0 (pass) · upper

Sponsors

• SAIKI — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2024-06-24 Act 069, 06/21/2024 (Gov. Msg. No. 1170). became-law
• 2024-06-24 Act 069, on 06/21/2024 (Gov. Msg. No. 1170). became-law
• 2024-05-02 Transmitted to Governor.
• 2024-05-03 Received notice of House agreement and passage on Final Reading (Hse. Com. No. 829). receipt
• 2024-05-01 Passed Final Reading as amended in SD 1 with none voting aye with reservations; Representative(s) Garcia, Matsumoto, Pierick, Ward voting no (4) and Representative(s) Holt excused (1). passage
• 2024-05-01 House agrees to Senate amendment(s).
• 2024-04-26 Deferred one day 05-01-24. deferral
• 2024-04-25 Deferred one day 04-26-24. deferral
• 2024-04-25 Received notice of House reconsideration of action in disagreeing to the amendments proposed by the Senate (Hse. Com. No. 811). receipt
• 2024-04-23 Reconsideration of action taken on 04-11-24.
• 2024-04-12 Received notice of disagreement (Hse. Com. No. 731). receipt
• 2024-04-11 House disagrees with Senate amendment (s). amendment-failure
• 2024-04-09 Returned from Senate (Sen. Com. No. 599) in amended form (SD 1).
• 2024-04-09 Passed Third Reading, as amended (SD 1). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House. passage
• 2024-04-04 48 Hrs. Notice 04-09-24.
• 2024-04-04 Report adopted; Passed Second Reading, as amended (SD 1). reading-2, referral-committee
• 2024-04-04 Reported from CPN (Stand. Com. Rep. No. 3646) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
• 2024-03-20 The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Awa. committee-passage-favorable
• 2024-03-15 The committee(s) on CPN has scheduled a public hearing on 03-20-24 9:30AM; CR 229 & Videoconference (Proposed Draft).
• 2024-03-07 Referred to CPN. referral-committee
• 2024-03-01 Passed First Reading. reading-1
• 2024-03-01 Received from House (Hse. Com. No. 48). introduction, receipt
• 2024-02-29 Passed Third Reading with none voting aye with reservations; Representative(s) Garcia, Pierick, Ward voting no (3) and Representative(s) Cochran, Holt excused (2). Transmitted to Senate. passage
• 2024-02-29 Reported from FIN (Stand. Com. Rep. No. 710-24), recommending passage on Third Reading.
• 2024-02-22 The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Poepoe, Takenouchi, Alcos; Ayes with reservations: Representative(s) Ward; Noes: none; and 2 Excused: Representative(s) Cochran, Nishimoto. committee-passage-favorable
• 2024-02-20 Bill scheduled to be heard by FIN on Thursday, 02-22-24 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.
• 2024-02-16 Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aiu, Garrett, Perruso, Takayama, Todd excused (5). reading-2, referral-committee
• 2024-02-16 Reported from CPC (Stand. Com. Rep. No. 585-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
• 2024-02-13 The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Onishi, Tam; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Gates, Lowen, Pierick. committee-passage-favorable
• 2024-02-09 Bill scheduled to be heard by CPC on Tuesday, 02-13-24 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.
• 2024-01-26 Referred to CPC, FIN, referral sheet 3 referral-committee
• 2024-01-24 Introduced and Pass First Reading. introduction, reading-1
• 2024-01-22 Pending introduction.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/f906d20e-a7b8-4eeb-85e0-f3f93994dfae. Confidence: reported (aggregated from official Hawaii legislature records).