2026-09-10 · Hawaii · Legislation · Did not pass

Hawaii’s condominium property-insurance emergency generated a substantial 2026 bill list and not one enactment. The operative law remains Act 296 (2025).¹

What died, and where

SB 2299 — association captives. Would have authorised common interest associations to form and participate in residential association captive insurance companies, with the Insurance Commissioner regulating them. Referred January 26, 2026 to two committees. No hearing.

SB 2686 — broker disclosure and competitive quotes. The most operationally specific bill of the set. It would have required an insurance producer to disclose services and compensation before procurement, placement or renewal of any association policy, with verification folded into the annual audit; required at least two competitive quotes for any association policy with annual premium above $250,000; and required the board to prepare and disclose a one-page project summary for any capital improvement, repair or maintenance project estimated above $200,000. Referred January 28, 2026. No hearing.

HB 1513 — bonds for the loan programme. Would have authorised reimbursable general obligation bonds for the Condominium Loan Program and appropriated from the Hurricane Reserve Trust Fund to cover initial bond payments. Passed second reading February 20 and went to House Finance, which never heard it.

SB 2884 / HB 2526 — retrofit tax relief. A nonrefundable income tax credit for wind resistive devices or a hurricane shelter, plus a reduced general excise tax rate on certified hurricane-resistant residential projects and on hurricane-resistant components of high-rise condominiums, for tax years after December 31, 2026 with a sunset of December 31, 2030. SB 2884 died in Ways and Means; HB 2526 was never heard.

SB 3241 — fire risk pilot. A two-year Fire Risk Management and Safety Documentation Pilot Program and working group, encouraging insurers to factor fire-safety mitigation into rate setting, with standardised inspection reporting forms and a fire safety certification programme. Never heard.

1. SB 2686 (2026), Hawaii State Legislature status feed — producer disclosure and competitive quotes, never heard ↩
2. SB 2299 (2026), status feed — residential association captive insurance companies, never heard ↩
3. SB 1044, C.D. 1 (2025) — Act 296, Relating to the Stabilization of Property Insurance ↩
4. DCCA Insurance Division, Condo Insurance FAQs ↩
5. Hawaii Property Insurance Association (checked September 10, 2026; no association or master-policy product listed) ↩