1997 Regular Session

SENATE BILL 412

File Code: Insurance - Liability and Miscellaneous Crossfiled with: HOUSE BILL 688
Sponsored By:
Chairman, Finance Committee (Departmental - Insurance Administration, Maryland)
Entitled:
Maryland Insurance Administration - Funding Mechanism

Synopsis:

Establishing the Insurance Regulation Fund within the State budget; establishing an insurance regulation fee to be imposed on specified entities in lieu of all other fees; establishing a limitation on a specified assessment rate; providing an exception; providing for the segregation of an account for the Insurance Fraud Division; repealing and altering specified fees; altering guidelines used by the Commissioner when calculating retaliatory taxes and fees; establishing an Advisory Committee on Regulatory Costs and Efficiency; etc.

Legislative History

Senate Action
1/27
First Reading Finance
Motion Rules Suspended for late introduction (Senator Trotter) Adopted (46-0)
Referred Finance
1/28
Hearing 2/19 at 1:00 p.m.
1/30
Hearing cancelled
Hearing 2/26 at 1:00 p.m.
2/4
Hearing cancelled
Hearing 3/5 at 1:00 p.m.
3/24
Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/25
Third Reading Passed (46-0)
House Action
3/23
First Reading Economic Matters
3/26
Hearing 4/1 at 1:00 p.m.
4/3
Favorable with Amendments Report by Economic Matters
3/30
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/31
Special Order p.m. session (Delegate Busch) Adopted
Third Reading Passed with Amendments (107-15)
Sponsored by:
Chairman, Finance Comm.
Departmental
Bill indexed under the following Subjects:
ASSESSMENTS
BUDGETS
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
LICENSES -see also- ALCOHOLIC BEVERAGES LICENSES
REPORTS -see also- RECORDS
RULES AND REGULATIONS
Bill affects the following Statutes:
Health - General
( 19-709 , 19-711 , 19-721 , 19-727 )
Insurance
( 2-110 , 2-112 , 2-112 , 2-113 , 2-114 , 2-114 , 2-208 , 2-401 , 2-402 , 2-407 , 2-501 , 2-502 , 2-503 , 2-504 , 2-505 , 2-506 , 2-507 , 3-204 , 3-206 , 3-207.1 , 4-112 , 6-105 , 6-201 , 6-202 , 6-203 , 6-204 , 6-303 , 8-403 , 8-405 , 8-423 , 8-444 , 8-450 , 8-451 , 8-456 , 8-461 , 8-462 , 8-510 , 10-112 , 10-117 , 10-118 , 10-204 , 10-404 , 14-102 , 14-109 , 14-110 , 14-121 , 14-126 , 14-405 , 14-408 , 25-307 )
Article - 48A Insurance Code
( 23 , 33A , 33 , 33A , 41 , 41 , 41A , 41A , 41B , 41B , 41C , 41C , 41D , 41E , 41F , 41H , 54 , 61 , 168 , 169 , 181 , 182 , 233A , 233AE , 233AF , 283 , 284 , 307 , 338 , 341 , 342 , 344 , 344E , 344F , 353 , 354 , 355 , 356 , 357A , 583 , 585 , 609 , 634 , 637 , 640A , 640B , 640C , 640D , 722 )

Documents:

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

Amendments:
Senate
Number: 647645/3 (PDF) Offered on: MARCH 24, 1997 at: 20:49 Status: Adopted
House
Number: 903465/2 (PDF) Offered on: APRIL 3, 1997 at: 11:50 Status: Adopted