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Legislative record

HB 1047STATE · HawaiiIntroduced

RELATING TO INTEREST ON INSURANCE PROCEEDS RELATED TO A MORTGAGE LOAN.

Requires Hawaii financial institutions, during a declared state of emergency, and mortgage servicers to determine whether insurance proceeds are to be applied to a mortgage or be placed into an interest-bearing escrow account. Prohibits charging a fee for the maintenance or disbursement of the interest earned from the interest-bearing escrow account. (HD1)

Voted 12/8/2025View source

Roll-call record

How representatives voted

10 yea·0 nay

Docket history

Action history

  1. 12/8/2025Carried over to 2026 Regular Session.
  2. 2/14/2025Passed 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) Cochran, Matayoshi, Poepoe, Ward excused (4).
  3. 2/14/2025Reported from CPC (Stand. Com. Rep. No. 674) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  4. 2/11/2025The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
  5. 2/7/2025Bill scheduled for decision making on Tuesday, 02-11-25 2:00PM in conference room 329 VIA VIDEOCONFERENCE.
  6. 2/4/2025The committee(s) on CPC recommend(s) that the measure be deferred.
  7. 1/31/2025Bill scheduled to be heard by CPC on Tuesday, 02-04-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
  8. 1/23/2025Referred to CPC, FIN, referral sheet 3
  9. 1/23/2025Introduced and Pass First Reading.
  10. 1/21/2025Pending introduction.