· HI legislature · 2026

RELATING TO INTEREST ON INSURANCE PROCEEDS RELATED TO A MORTGAGE LOAN.

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…

Sponsor

Nadine Nakamura (D-HI)

Introduced

2025-12-08

Policy area

Finance and Financial Sector

Latest action

Pending introduction.