Loading chat...

HI SB2493

Bill

Official Source

Status

Engrossed

3/6/2018

Primary Sponsor

Rosalyn Baker

Click for details

Origin

Senate

2018 Regular Session

AI Summary

  • Delays implementation of Act 152 (Session Laws of Hawaii 2017) producer licensing requirements from January 1, 2019 to January 1, 2020
  • Act 152 eliminated producer-to-producer appointments and conformed Hawaii's licensing requirements to the National Association of Insurance Commissioners' Producer Licensing Model Act
  • Postponement allows time for thousands of contracts between insurers and independent producers to be finalized before compliance deadline
  • Takes effect July 1, 2050

Legislative Description

Relating To Insurance.

Insurance

Last Action

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) Ing, C. Lee, McKelvey, Souki, Todd, Ward excused (6).

3/21/2018

Committee Referrals

Finance3/21/2018
Consumer Protection & Commerce3/8/2018
Ways and Means2/9/2018
Commerce, Consumer Protection, and Health1/24/2018

Full Bill Text

No bill text available