2006 Regular Session

SENATE BILL 703

File Code: Insurance - Other than Health Prior Year Introduction As: SB 872/05 - FIN Crossfiled with: HOUSE BILL 1505
Sponsored By:
Senator Gladden
Entitled:
Maryland Automobile Insurance Fund - Acceptance of Premiums on Installment Basis

Synopsis:

Authorizing the Maryland Automobile Insurance Fund to accept premiums on an installment basis; authorizing the Fund to accept premiums on an installment basis on specified policies in a specified manner on or after October 1, 2006; requiring the Maryland Insurance Commissioner to conduct a specified study on or after a specified date; authorizing the Fund to request approval of the Commissioner to offer to accept premiums on an installment basis on any policy issued in the State in a specified manner on or after a specified date; etc.

History by Legislative Date

Senate Action
2/3
First Reading Finance
2/15
Hearing 2/28 at 1:00 p.m.
4/5
Unfavorable Report by Finance
House Action
No Action

Bill indexed under the following Subjects:

HEARINGS
INSURANCE ADMINISTRATION
MARYLAND AUTOMOBILE INSURANCE FUND
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
REPORTS

Bill affects the following Statutes:

Insurance
( 20-101 , 20-507 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered