RELATING TO INSURANCE.
Summary
Allows authorized insurers in the State to offer building and hurricane damage insurance for condominium buildings at a lesser rate than the building's prior surplus lines insurance policy for the same coverage. Effective 7/1/3000. (HD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025
Last action Feb 7, 2025
Maddy AI version diff · 1 comparison
What changed between versions
HB253
→
HB253_HD1
·
3 edits
MINOR
The bill text was reformatted from a clean legislative version to include hidden metadata and formatting artifacts from a document processing system. The substantive policy content regarding insurance rates for condominiums remains unchanged, though the effective date was altered from 'upon approval' to a future date of July 1, 3000.
Scope change
No substantive change to the bill's scope or applicability; changes are primarily formatting and metadata additions.
TIMELINE
The effective date was changed from 'upon approval' to 'July 1, 3000', which appears to be a placeholder or error rather than an intentional policy change.
TECHNICAL
Hidden document metadata including timestamps, file paths, and revision numbers were inserted into the text.
Clean formatting and standard legislative headers were replaced with document processing artifacts.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
3
Feb 7, 2025
Committee
Reported from CPC (Stand. Com. Rep. No. 254) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Jan 30, 2025
Lower · Passed
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
lower
Jan 21, 2025
Committee
Referred to CPC, FIN, referral sheet 1
lower
Jan 17, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 16, 2025
Introduced
Pending introduction.
lower
2 primary · 0 co-sponsors
Sponsors
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