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Legislation


2012 Regular Session

SENATE BILL 764

File Code: Insurance - Other than Health Crossfiled with: HOUSE BILL 885
Sponsored By:
Senators Kelley, Klausmeier, and Mathias
Entitled:
Fraudulent Insurance Acts - Individual Sureties - Contracts of Surety Insurance

Synopsis:

Establishing that it is a fraudulent insurance act for an individual surety to make a representation that it has legal authority to issue a contract of surety insurance or to issue a contract of surety insurance, except as provided in specified provisions of law; requiring the Maryland Insurance Administration to conduct a specified analysis of practices of corporate sureties and individual sureties; requiring the Administration to consult with specified persons or entities; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/3
First Reading Finance
2/20
Hearing 3/13 at 1:00 p.m.
3/29

Favorable with Amendments Report by Finance
3/25
Favorable with Amendments {557470/1 Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed (46-0)
4/2
Returned Passed
House Action
3/27
First Reading House Rules and Executive Nominations
4/4
Re-referred Economic Matters
4/5
Favorable Report by Economic Matters
3/31
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (132-0)
Action after passage in Senate and House
5/2
Approved by the Governor
- Chapter 299

Sponsored by:

Senator Delores G. Kelley, District 10
Senator Katherine Klausmeier, District 8
Senator James N. Mathias, Jr., District 38

Bill indexed under the following Subjects:

Bankruptcy
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Contractors -see also- Heating & Cooling; Home Improvement
Crimes and Punishments -see also- Penalties and Sentnc; etc.
Fines -see also- Penalties and Sentences
Fraud -see also- Forgery
Insurance Administration
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Minorities -see also- Women
Penalties and Sentences -see also- Death Penalty
Reports

Bill affects the following Statutes:

Insurance
( 27-406.1 , 27-408 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 557470/01     Offered on: March 29, 2012   at: 10:50 a.m.     Status: Adopted
Committee Votes :
Senate
Finance
House
Economic Matters
Roll Call Votes (Legislative dates are shown):
Senate
March 26, 2012: Third Reading Passed (46-0)
House
April 2, 2012: Third Reading Passed (132-0)
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