File Code: Insurance - Liability and Miscellaneous
- Sponsored By:
-
Delegates Love, M. Burns, and Rzepkowski
- Entitled:
-
Homeowner's Insurance - Covered Property Loss - Repair or
Replacement Costs
Requiring an insurer that issues a policy of homeowner's insurance
that requires the insurer to pay the cost to repair or replace the
damaged part of a building as settlement of a claim for covered
property loss to pay specified costs associated with the damage or
loss to restore the value of the building or structure to its
replacement value; and requiring the Maryland Insurance Commissioner
to adopt regulations to implement the Act.
House Action
- 3/12
- First Reading House Rules
- Motion Rules Suspended for late introduction (Delegate Love) Adopted (106-3)
- Referred House Rules
- 3/17
- Re-referred Economic Matters
- Hearing 3/20 at 1:00 p.m.
- 4/1
- Favorable with Amendments Report by Economic Matters
- 3/28
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/29
- Third Reading Passed (137-2)
Senate Action
- 4/2
- First Reading Senate Rules
- Sponsored by:
- Delegate Mary Ann E. Love, District 32
- Delegate Michael W. Burns, District 32
- Delegate James E. Rzepkowski, District 32
- Bill indexed under the following Subjects:
- INSURANCE ADMINISTRATION
- INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
- PRICES
- REAL PROPERTY
- RULES AND REGULATIONS
- Bill affects the following Statute:
- Insurance
- (
19-204
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
- House
- Number: 613065/1 (PDF) Offered on: APRIL 1, 1997 at: 10:38
Status: Adopted