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HI HB2048
Bill
Status
Engrossed
2/29/2024
Primary Sponsor
Greggor Ilagan
Click for details
AI Summary
- Increases the number of public members on the Hawaii Property Insurance Association's board of directors from three to an unspecified number.
- Transfers appointment authority for public board members from the Insurance Commissioner to the Speaker of the House of Representatives and President of the Senate, with each legislative leader appointing an unspecified number of public representatives.
- Maintains eight voting members selected by member insurers and one voting member appointed by the commissioner to represent insurance producers.
- Terminates the terms of existing public board members on an unspecified date and requires new public member appointments by the legislative leaders by an unspecified deadline.
- Takes effect July 1, 3000.
Legislative Description
Relating To The Hawaii Property Insurance Association.
Board of Directors
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/22/2024
Committee Referrals
Ways and Means3/22/2024
Commerce and Consumer Protection3/7/2024
Finance2/7/2024
Consumer Protection & Commerce1/24/2024
Full Bill Text
No bill text available