STAND.
COM. REP. NO. 901
Honolulu, Hawaii
, 2025
RE: H.B. No. 139
H.D. 2
Honorable Nadine K. Nakamura
Speaker, House of Representatives
Thirty-Third State Legislature
Regular Session of 2025
State of Hawaii
Madame:
Your Committee on Finance, to which was referred H.B. No. 139, H.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO INSURANCE,"
begs leave to report as follows:
Your Committee notes the concerns of the Department of the Attorney General in its written testimony regarding the following potential issues: possible delegation of legislative authority;
impairment of existing contracts; and whether the State is required to defray the cost of mandated coverage. Your Committee respectfully requests your Committees on Health and Consumer Protection & Commerce to address these concerns, should the measure progress through the legislative process.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 139, H.D. 2, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
|
|
____________________________ KYLE T. YAMASHITA, Chair |
|
|
|