STATE BILLHI SB 2043PASSED

Relating To Insurance.

Until 12/31/2031, specifies that captive insurance companies that are not risk retention captive insurance companies are subject to examination no later than five years after licensure and any additional examination at the discretion of the Insurance Commissioner. On or after 1/1/2032, subjects captive insurance companies that are not risk retention captive insurance companies to examination at least once every five years. Requires the Insurance Commissioner to submit a report to the Legislature before the Regular Session of 2031. Effective 7/1/2026. (CD1)

Status: Passed; Signed or otherwise enacted
Status date: Jul 14, 2026; 121 days ago
Current chamber: House of Representatives
Session: 2026 Regular Session

HI SB 2043 · PassedJul 14

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Bill details

Last action: Act 255, on 07/14/2026 (Gov. Msg. No. 1357). · Jul 14, 2026

Sponsor

JKJarrett KeohokaloleSenator · Democrat · SD-024Primary sponsor

Bill history

Newest first.

Jul 14, 2026Act 255, on 07/14/2026 (Gov. Msg. No. 1357).House

Jul 14, 2026Act 255, 07/14/2026 (Gov. Msg. No. 1357).Senate

May 8, 2026Enrolled to Governor.Senate

May 8, 2026Received notice of passage on Final Reading in House (Hse. Com. No. 888).Senate

May 6, 2026Received notice of Final Reading (Sen. Com. No. 816).House

May 6, 2026Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).House

May 6, 2026Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Senate

Apr 29, 2026Forty-eight (48) hours notice Wednesday, 05-06-26.House

Show 32 earlier actions

Apr 29, 2026Reported from Conference Committee (Conf Com. Rep. No. 46-26) as amended in (CD 1).House

Apr 29, 202648 Hrs. Notice (as amended CD 1) 05-06-26.Senate

Apr 29, 2026Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 46-26).Senate

Apr 28, 2026The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Grandinetti, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.House

Apr 28, 2026The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Keohokalole, Lamosao; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.Senate

Apr 27, 2026Conference committee meeting to reconvene on 04-28-26 2:30PM; Conference Room 224.Senate

Apr 24, 2026Bill scheduled for Conference Committee Meeting on Monday, 04-27-26 2:30PM in conference room 224.House

Apr 23, 2026Received notice of Senate conferees (Sen. Com. No. 724).House

Apr 22, 2026Senate Conferees Appointed: Keohokalole Chair; Lamosao Co-Chair; Awa.Senate

Apr 21, 2026Received notice of appointment of House conferees (Hse. Com. No. 800).Senate

Apr 21, 2026House Conferees Appointed: Matayoshi Chair; Grandinetti, Pierick.House

Apr 10, 2026Received notice of disagreement (Sen. Com. No. 564).House

Apr 10, 2026Senate disagrees with House amendments.Senate

Apr 10, 2026Received from House (Hse. Com. No. 499).Senate

Apr 9, 2026Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.House

Apr 7, 2026Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Lowen, Olds, Quinlan excused (3).House

Apr 7, 2026Reported from CPC (Stand. Com. Rep. No. 1812-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.House

Mar 31, 2026The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.House

Mar 27, 2026Bill scheduled to be heard by CPC on Tuesday, 03-31-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.House

Feb 12, 2026Referred to CPC, referral sheet 12House

Feb 10, 2026Pass First ReadingHouse

Feb 6, 2026Received from Senate (Sen. Com. No. 3) in amended form (SD 1).House

Feb 6, 2026Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: Senator(s) Ihara, McKelvey . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Senate

Feb 4, 202648 Hrs. Notice 02-06-26.Senate

Feb 4, 2026Report adopted; Passed Second Reading, as amended (SD 1).Senate

Feb 4, 2026Reported from CPN (Stand. Com. Rep. No. 2107) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.Senate

Jan 29, 2026The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Awa; Aye(s) with reservations: Senator(s) McKelvey ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.Senate

Jan 28, 2026The committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.Senate

Jan 23, 2026The committee(s) on CPN has scheduled a public hearing on 01-29-26 9:31AM; Conference Room 229 & Videoconference.Senate

Jan 22, 2026Referred to CPN.Senate

Jan 21, 2026Introduced and passed First Reading.Senate

Jan 14, 2026Pending Introduction.Senate

Recorded votes

Senate Commerce and Consumer Protection: Passed, With AmendmentsJan 29, 2026 · Senate · 4 yea · 0 nayPassed

House Conference: Passed, With AmendmentsApr 28, 2026 · House · 3 yea · 0 nayPassed

Senate Conference: Passed, With AmendmentsApr 28, 2026 · Senate · 2 yea · 0 nayPassed

Subjects

Insurance Commissioner
Insurance
Captive Insurance Companies
Examinations
Report

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