Bill > SB1494

This bill requires firearms owners in Hawaii to obtain liability insurance coverage for their firearms, effective January 1, 2024. The bill amends the existing law on permits to acquire firearms, requiring applicants to provide proof of coverage under a firearms insurance policy that covers liabilities for personal injury and property damage arising from the possession or use of the firearm. The permit to acquire a firearm must be renewed every five years during the ownership of the firearm, and the renewal requires continued proof of coverage under a firearms insurance policy. The bill provides an exception if the required insurance coverage is not commercially available in the state.