1997 Regular Session

HOUSE BILL 1021

CHAPTER NUMBER: 708 File Code: Insurance - Liability and Miscellaneous Crossfiled with: SENATE BILL 751
Sponsored By:
Delegates Love, Barve, and Harrison
Entitled:
Premium Finance Companies and Agreements

Synopsis:

Making technical changes relating to premium finance companies and premium finance agreements; altering specified registration provisions to require a premium finance company to elect from among specified alternatives concerning the financial security of the company; specifying information required of applicants; altering specified fees; clarifying that the denial of an applicant's registration is subject to specified hearing requirements; altering record keeping and registration requirements; etc.

Legislative History

House Action
2/3
First Reading Economic Matters
2/12
Hearing 3/11 at 1:00 p.m.
3/20
Favorable with Amendments Report by Economic Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/21
Third Reading Passed (136-0)
3/31
House Refuses to Concur - Senate Amendments
House Requests Senate Recede
Conference Committee Appointed ...
Delegates Gordon, Schade, Fulton
4/3
Conference Committee Report Adopted
Third Reading Passed (136-0)
4/6
Passed Enrolled
5/22
Signed by the Governor Chapter 708
Senate Action
3/24
First Reading Finance
3/25
Hearing 3/31 at 1:00 p.m.
3/31
Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/2
Third Reading Passed with Amendments (46-0)
4/5
Senate Refuses to Recede
Conference Committee Appointed ...
Senators Bromwell, Della, Astle
4/6
Conference Committee Report Adopted
Third Reading Passed (45-0)
Sponsored by:
Delegate Mary Ann E. Love, District 32
Delegate Kumar P. Barve, District 17
Delegate Hattie N. Harrison, District 45
Bill indexed under the following Subjects:
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCE COMPANIES
HEARINGS
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
NOTICES
RECORDS -see also- RCDNGS; LAND RCDS; VITAL RCDS; CRIM BKGD.
REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
Bill affects the following Statutes:
Insurance
( 23-101 , 23-102 , 23-103 , 23-201 , 23-202 , 23-203 , 23-204 , 23-205 , 23-206 , 23-207 , 23-208 , 23-209 , 23-210 , 23-301 , 23-302 , 23-303 , 23-304 , 23-305 , 23-306 , 23-307 , 23-308 , 23-309 , 23-310 , 23-401 , 23-401.1 , 23-402 , 23-403 , 23-404 , 23-405 , 23-406 , 23-501 , 23-502 , 23-503 , 23-504 , 23-505 , 23-506 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)

Amendments:
House
Number: 303567/1 (PDF) Offered on: MARCH 20, 1997 at: 16:38 Status: Adopted
Senate
Number: 267749/1 (PDF) Offered on: MARCH 31, 1997 at: 21:20 Status: Adopted
Conference Committee Documents:
Report Number: 492296/1 (PDF) Offered on: APRIL 7, 1997 at: 15:25 Status: Adopted
Amendment Number: 962990/1 (PDF) Offered on: APRIL 7, 1997 at: 15:25 Status: Adopted