1999 Regular Session

SENATE BILL 679

CHAPTER NUMBER: 592 File Code: Insurance - Liability and Miscellaneous Crossfiled with: HOUSE BILL 919
Sponsored By:
Senator Teitelbaum
Entitled:
Financial Guaranty Insurance - Risk Limits

Synopsis:

Authorizing the Insurance Commissioner to establish by regulation limits on the risk retained by an insurer for a subject of financial guaranty insurance, including requirements for contingency reserves used in determining compliance with the applicable risk limits.

History by Legislative Date

Senate Action
2/15
First Reading Senate Rules
2/22
Re-referred Finance
2/23
Hearing 3/16 at 1:00 p.m.
3/29

Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/30
Third Reading Passed (45-0)
4/7
Senate Concur - House Amendments
Third Reading Passed (47-0)
Passed Enrolled
5/27
Signed by the Governor Chapter 592
House Action
3/29
First Reading Economic Matters
3/31
Hearing 4/6 at 1:00 p.m.
4/7
Favorable with Amendments Report by Economic Matters
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (135-0)
Bill indexed under the following Subjects:
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
MUNICIPAL CORPORATIONS
RULES AND REGULATIONS
Bill affects the following Statutes:
Insurance
( 5-1003 , 5-1005 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 257164/1 (PDF)     Offered on: March 29, 1999   at: 8:18 p.m.     Status: Adopted
House
Number: 073484/1 (PDF)     Offered on: April 7, 1999   at: 10:31 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 30, 1999: Third Reading Passed (45-0)
April 7, 1999: Third Reading Passed (47-0)
House
April 4, 1999: Third Reading Passed (135-0)