Hawaii bills · 2026 Regular Session
Hawaii HB 1047
RELATING TO INTEREST ON INSURANCE PROCEEDS RELATED TO A MORTGAGE LOAN.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- NAKAMURA (Democratic)
Summary
Official abstract published by the Hawaii legislature· description
Requires Hawaii financial institutions, during a declared state of emergency, and mortgage servicers to determine whether insurance proceeds are to be applied to a mortgage or be placed into an interest-bearing escrow account. Prohibits charging a fee for the maintenance or disbursement of the interest earned from the interest-bearing escrow account. (HD1)
Text versions
Roll-call votes
State vote data last updated Oct 16, 2026, 8:06 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 11, 2025 House | The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. | pass | Set your home in Hawaii to see |
Actions
- Jan 21, 2025 · House
Pending introduction. - Jan 23, 2025 · House
Introduced and Pass First Reading. - Jan 23, 2025 · House
Referred to CPC, FIN, referral sheet 3 - Jan 31, 2025 · House
Bill scheduled to be heard by CPC on Tuesday, 02-04-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE. - Feb 4, 2025 · House
The committee(s) on CPC recommend(s) that the measure be deferred. - Feb 7, 2025 · House
Bill scheduled for decision making on Tuesday, 02-11-25 2:00PM in conference room 329 VIA VIDEOCONFERENCE. - Feb 11, 2025 · House
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. - Feb 14, 2025 · House
Reported from CPC (Stand. Com. Rep. No. 674) as amended in HD 1, recommending passage on Second Reading and referral to FIN. - Feb 14, 2025 · House
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Matayoshi, Poepoe, Ward excused (4). - Dec 8, 2025 · Legislature
Carried over to 2026 Regular Session.