SB 3192 SD 1

RELATING TO CAPTIVE INSURANCE

By Senator(s) TANIGUCHI

Keywords: INSURANCE

Report Title: Captive Insurance

Description: Establishes a new category of captive insurance company for reinsurers and excess insurers. Clarifies financial reporting requirements for all categories of captives and the laws applicable to class 5 companies. (SD1)

 1-27-00        S Introduced and passed First Reading                      
 1-31-00        S Referred to CPN                                          
 2- 4-00        S Bill scheduled to be heard by CPN on 02-08-00 at
                  9:00 a.m. in conference room 016.
 2- 8-00        S The committee on CPN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2- 8-00        S The votes in CPN were as follows: 5 Ayes: Senator(s)        
                  Kanno, Taniguchi, Bunda, Inouye, Slom; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 3 Excused: Senator(s) Hanabusa, Ihara, Matsuura
 3- 3-00        S Reported from CPN (Stand. Com. Rep. No. 2510) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and placement on the calendar for
                  Third Reading
 3- 3-00        S Report adopted; Passed Second Reading, as amended
                  (SD 1)
 3- 3-00        S 48 hours notice                                          
 3- 7-00        S Passed Third Reading, as amended (SD 1). Ayes, 25.          
                  Noes, none.  Excused, none.
 3- 7-00        S Transmitted to House                                     
 3- 7-00        H Received from Senate (Sen. Com. No. 361)                 
 3- 9-00        H Introduced and passed First Reading                      
 3-10-00        H Referred to the committee on CPC, referral sheet 30      
 3-14-00        H Bill scheduled to be heard by CPC on Thursday,
                  03-16-00 at 6:00 P.M. in House conference room 325.
 3-16-00        H The committee(s) recommends that the measure be
                  deferred until 03/20/00.
 4- 3-00        H Bill scheduled for decision making on Wednesday,
                  04-05-00 at 2:00 P.M. in House conference room 325.
 4- 5-00        H The committee on CPC recommends that the measure be         
                  PASSED, UNAMENDED.
 4- 5-00        H The votes in CPC were as follows:13 Ayes: Rep.(s)
                  Menor, Lee, Cachola, Garcia, Herkes, Hiraki,
                  Kaho`ohalahala, Morita, Takumi, Halford, Rath,
                  Thielen, Whalen; Ayes with reservations: Rep.(s) ;
                  none Noes: Rep.(s) ; and 2 Excused: Rep.(s) Chang,
                  Yoshinaga
 4- 7-00        H Reported from the committee on CPC (Stand. Com. Rep.        
                  No. 1311-00), recommending passage on Second Reading        
                  and placement on the calendar for Third Reading
 4- 7-00        H Passed Second Reading; placed on the calendar for
                  Third Reading  with Representative(s)none voting no         
                  and Representative(s)  Case, Chang, Herkes,
                  Kaho`ohalahala, Moses, Okamura, Rath, Whalen
                  excused.
 4-11-00        H Passed Third Reading                                     
 4-11-00        H The vote was as follows:  49 aye(s), with none
                  voting no and Representative(s) Okamura, Stegmaier
                  excused
 4-11-00        H Transmitted to Senate                                    
 4-13-00        S Received from House (Hse. Com. No. 476)                  
 4-17-00        S Enrolled to Governor                                     
 4-25-00        S Act 036, 04-20-00, (Gov. Msg. No. 317)                   
 4-25-00        H Act 036, on 04/20/00 (Gov. Msg. No. 188)