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HI SB2804

Bill

Official Source

Status

Engrossed

3/10/2026

Primary Sponsor

Donovan Cruz

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Amends Hawaii's antitrust law (Section 480-7, Hawaii Revised Statutes) to expand prohibited business acquisitions beyond those that lessen competition or create monopolies
  • Adds two new criteria for blocking stock or asset acquisitions: if the effect may lessen access to health care or increase insurance rates
  • Maintains existing exemptions for acquisitions held solely for investment purposes without exercising voting control
  • Preserves allowance for businesses to form subsidiaries for legitimate business operations when competition is not substantially lessened
  • Takes effect January 30, 2050

Legislative Description

Relating To Commerce.

Insurance

Last Action

Referred to HLT, CPC, referral sheet 17

3/12/2026

Committee Referrals

Health3/12/2026
Commerce and Consumer Protection2/18/2026
Health and Human Services1/30/2026

Full Bill Text

No bill text available