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HI SB885

Bill

Official Source

Status

Passed

6/26/2017

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Amends Section 41D-2 of Hawaii Revised Statutes to allow the Comptroller to acquire risk management, investigative, claims adjustment, actuarial, and other services on a fixed fee basis.

  • Exempts brokers submitting proposals in response to fixed fee solicitations by the Comptroller from certain provisions of the Insurance Code (sections 431:10-218, 431:13-102, and 431:13-103).

  • Removes Chapter 87 from the list of exempted insurance programs, replacing it with Chapter 87A, under the Comptroller's risk management authority.

  • Effective date is July 1, 2017.

Legislative Description

Relating To The State Risk Management And Insurance Administration.

Department of Accounting and General Services

Last Action

Act 062, 06/23/2017 (Gov. Msg. No. 1163).

6/26/2017

Committee Referrals

Finance3/24/2017
Consumer Protection & Commerce3/9/2017
Ways and Means2/15/2017
Government Operations1/25/2017

Full Bill Text

No bill text available