States / Hawaii / HB 885

HB 885 In Committee

RELATING TO INSURANCE.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Establishes a program that requires property insurers to offer discounts to condominium associations that make certain upgrades or take other specific actions to increase the building's resilience or reduce the association's risk profile. Requires the insurance commissioner to adopt rules to implement the program.

Chamber
House
Introduced
Jan 21, 2025
Last action
Jan 21, 2025 — Pending introduction.
Session
2026
Momentum
30 · Low