2004 Regular Session

SENATE BILL 101

CHAPTER NUMBER: 91 File Code: Insurance - Other than Health
Sponsored By:
Senators Astle and Middleton
Entitled:
Private Passenger Motor Vehicle Insurance - Use of Credit History - Repeal of Sunset

Synopsis:

Repealing a provision that terminates, at the end of September 30, 2004, a provision that authorizes an insurer that rates a new private passenger motor vehicle insurance policy based on the credit history of the applicant to provide a discount of up to 40% or impose a surcharge of up to 40% if actuarially justified; and requiring the Maryland Insurance Administration to submit a specified report to committees of the Maryland General Assembly by December 1, 2004.

History by Legislative Date

Senate Action
1/19
First Reading Finance
1/30
Hearing 2/17 at 1:00 p.m.
2/23
Favorable Report by Finance
2/24
Favorable Report Adopted
Second Reading Passed
2/26
Third Reading Passed (44-0)
4/8
Senate Concur - House Amendments
Third Reading Passed (45-1)
Passed Enrolled
4/27
Signed by the Governor Chapter 91
House Action
2/27
First Reading Economic Matters
3/31
Hearing 4/6 at 1:00 p.m.
4/9
Favorable with Amendments Report by Economic Matters
4/5
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/6
Third Reading Passed with Amendments (133-2)
Sponsored by:
Senator John C. Astle, District 30
Senator Thomas McLain Middleton, District 28
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CREDIT
DISCRIMINATION
INSURANCE ADMINISTRATION
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
PRICES -see also- CONSUMER PRICE INDEX
REPORTS
SUNSET
Bill affects the following Statute:
Insurance
( 27-501 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 393396/01 (PDF)     Offered on: April 9, 2004   at: 11:23 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
February 26, 2004: Third Reading Passed (44-0)
April 8, 2004: Third Reading Passed (45-1)
House
April 6, 2004: Third Reading Passed (133-2)