1999 Regular Session

SENATE BILL 266

CHAPTER NUMBER: 333 File Code: Insurance - Health and Life Crossfiled with: HOUSE BILL 486
Sponsored By:
Senators Ruben and Forehand
Entitled:
Charitable Gift Annuities - Issuance of Special Permits - Qualifications of Educational or Religious Organizations

Synopsis:

Altering the qualifications of an educational or religious organization to which the Maryland Insurance Commissioner may issue a special permit to make agreements for annuity payments with donors to require that the organization be engaged in bona fide educational or religious activities rather than solely engaged in bona fide educational or religious activities.

History by Legislative Date

Senate Action
2/4
First Reading Finance
Hearing 2/24 at 1:00 p.m.
3/1
Favorable Report by Finance
3/3
Favorable Report Adopted
Second Reading Passed
3/5
Third Reading Passed (44-0)
4/5
Return Passed
5/13
Signed by the Governor Chapter 333
House Action
3/8
First Reading Economic Matters
3/17
Hearing 4/1 at 1:00 p.m.
4/2
Favorable Report by Economic Matters
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (138-0)
Sponsored by:
Senator Ida G. Ruben, District 20
Senator Jennie M. Forehand, District 17
Bill indexed under the following Subjects:
EDUCATION -see also- PUBLIC SCHOOLS; SPECIAL ED.; HIGHER ED.
GIFTS
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
LICENSES -see also- ALC. BEVERAGES LIC; DRIVERS' LIC
NONPROFIT ORGANIZATIONS
RELIGION -see also- CHURCHES
Bill affects the following Statute:
Insurance
( 16-114 )

Documents:

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

Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 5, 1999: Third Reading Passed (44-0)
House
April 1, 1999: Third Reading Passed (138-0)