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Legislative record

SB 1366STATE · HawaiiIntroduced

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

Requires licensed mortgage servicers and financial institutions to pay interest on insurance proceeds held for the benefit of consumers. Provides that a fee shall not be charged to the borrower in connection with the maintenance or disbursement of interest earned from interest-bearing accounts. Effective 7/1/2050. (SD1)

Voted 12/8/2025View source

Roll-call record

How representatives voted

5 yea·0 nay

Docket history

Action history

  1. 12/8/2025Carried over to 2026 Regular Session.
  2. 3/6/2025Referred to CPC, FIN, referral sheet 19
  3. 3/6/2025Pass First Reading
  4. 3/4/2025Received from Senate (Sen. Com. No. 313) in amended form (SD 1).
  5. 3/4/2025Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
  6. 2/27/202548 Hrs. Notice 03-04-25.
  7. 2/27/2025Report adopted; Passed Second Reading, as amended (SD 1).
  8. 2/27/2025Reported from CPN (Stand. Com. Rep. No. 793) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
  9. 2/14/2025The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
  10. 2/10/2025The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference.