SB 1262 HD 1 CD 1

RELATING TO CAPTIVE INSURANCE

By Senator(s) TANIGUCHI

Keywords: INSURANCE, INSURANCE COMPANIES

Report Title: Captive Insurance

Description: Expands the definition of captive insurance company, creates four classes of captive insurance companies with specified capital or surplus requirements, and exempts newly authorized categories of captive insurance companies from National Association of Insurance Commissioners risk-based capital reports filing requirement. (CD1)

 1-26-99        S Introduced and passed First Reading                      
 1-28-99        S Referred to CPN                                          
 2- 9-99        S Bill scheduled to be heard by CPN on 02-12-99 at
                  9:30 a.m. in conference room 016
 2-12-99        S The committee on CPN recommends that the measure be         
                  PASSED, UNAMENDED.
 2-12-99        S The votes in CPN were as follows: 6 Ayes: Senator(s)        
                  Kanno, Taniguchi, Bunda, Inouye, Matsuura, Slom;
                  Ayes with reservations: Senator(s) ; none Noes:
                  Senator(s) ; and 2 Excused: Senator(s) Hanabusa,
                  Ihara
 3- 3-99        S Reported from CPN (Stand. Com. Rep. No. 547) with
                  recommendation of passage on Second Reading and
                  placement on the calendar for Third Reading
 3- 3-99        S Report adopted; Passed Second Reading                    
 3- 3-99        S One day notice                                           
 3- 4-99        S Passed Third Reading. Ayes, 21.  Noes, none (). 
                  Excused, 4 (Chun Oakland, Fukunaga, Iwase, Levin).
 3- 4-99        S Transmitted to House                                     
 3- 4-99        H Received from Senate (Sen. Com. No. 34)                  
 3- 5-99        H Introduced and passed First Reading                      
 3-11-99        H Referred to the committee on CPC, referral sheet 26      
 3-16-99        H Bill scheduled to be heard by CPC on Thursday,
                  03-18-99 at 6:00 P.M. in House conference room 325.
 3-18-99        H The committee(s) recommends that the measure be
                  deferred.
 3-22-99        H Bill scheduled for decision making on Monday,
                  03-22-99 at 6:00 P.M. in House conference room 325.
 3-22-99        H The committee on CPC recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-22-99        H The votes in CPC were as follows:9 Ayes: Rep.(s)
                  Menor, Lee, Garcia, Herkes, Kaho`ohalahala,
                  Yoshinaga, Rath, Thielen, Whalen; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 6
                  Excused: Rep.(s) Cachola, Chang, Hiraki, Morita,
                  Takumi, Halford
 4- 1-99        H Reported from the committee on CPC (Stand. Com. Rep.        
                  No. 1532) as amended in (HD 1), recommending passage        
                  on Second Reading and placement on the calendar for         
                  Third Reading
 4- 1-99        H Passed Second Reading as amended in (HD 1); placed
                  on the calendar for Third Reading  with
                  Representative(s) none voting no and
                  Representative(s) Garcia, Hiraki, Menor, Okamura,
                  Saiki, Say, Souki, Takai, Yoshinaga excused
 4- 5-99        H Passed Third Reading as amended in (HD 1)                
 4- 5-99        H The vote was as follows:  47 aye(s), with none
                  voting no and Representative(s) Menor, Meyer,
                  Okamura, Saiki excused
 4- 5-99        H Transmitted to Senate                                    
 4- 6-99        S Received from House (Hse. Com. No. 425)                  
 4- 6-99        S Deferred until 04-07-99                                  
 4- 7-99        S Senate disagrees with House amendments.                  
 4- 7-99        H Received notice of disagreement (Sen. Com. No. 443)      
 4-17-99        H House conferees appointed:  Menor Chairman; Cachola,        
                  Herkes, Lee, Whalen
 4-19-99        S Received notice of appointment of House conferees
                  (Hse. Com. No. 619)
 4-19-99        S Senate Conferees appointed: Taniguchi, Kanno,
                  (Co-)Chair; Slom
 4-19-99        H Received notice of Senate conferees (Sen. Com. No.
                  744)
 4-21-99        S Conference committee meeting scheduled on 04-22-99
                  at 2:15 p.m. in conference room 016.
 4-23-99        S Conference committee meeting to reconvene on
                  04-26-99 at 2:15 p.m. in conference room 016.
 4-29-99        S Reported from Conf. Com. as amended CD 1 (Conf. Com.        
                  Rep. No. 11)
 4-29-99        S 48 Hrs. Notice (as amended CD 1)                         
 4-29-99        H Reported from Conference Committee (Conf. Com. Rep.         
                  No. 11) as amended in (CD 1)
 4-29-99        H Forty-eight (48) hours notice 05-04-99                   
 5- 4-99        S Passed Final Reading, as amended (CD 1). Ayes, 25.          
                  Noes, none.  Excused, none.
 5- 4-99        H Passed Final Reading as amended in (CD 1)                
 5- 4-99        H The vote was as follows:  48 aye(s), with none
                  voting no and Representative(s) Okamura, Souki,
                  Yoshinaga excused
 5- 5-99        H Received notice of Final Reading (Sen. Com. No. 792)     
 5- 7-99        S Enrolled to Governor                                     
 5- 4-99        S Received notice of passage on Final Reading in House        
                  (Hse. Com. No. 746).
 5- 7-99        S Enrolled to Governor                                     
 7- 7-99        S Act 302, 07-06-99, (Gov. Msg. No. 393)                   
 7- 7-99        H Act 302, on 07-06-99 (Gov. Msg. No. 260)