2003 Regular Session

SENATE BILL 182

File Code: Insurance - Other than Health Prior Year Introduction As: SB 165/02 - FIN
Sponsored By:
Senator Kelley
Entitled:
Insurance - Viatical Settlement Providers and Viatical Settlement Brokers

Synopsis:

Requiring viatical settlement providers and viatical settlement brokers to register with the Maryland Insurance Commissioner; establishing registration requirements; applying the Act to a viatical settlement contract between a viator and a viatical settlement provider; authorizing the Maryland Insurance Commissioner to deny a registration to an applicant or refuse to renew, suspend, or revoke a registration; requiring the Maryland Insurance Administration to report to the General Assembly; etc.

History by Legislative Date

Senate Action
1/27
First Reading Finance
1/28
Hearing 2/6 at 1:00 p.m.
2/17
Favorable with Amendments Report by Finance
2/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/21
Third Reading Passed (45-0)
House Action
2/24
First Reading Health and Government Operations
3/19
Hearing 3/25 at 1:00 p.m.
Bill indexed under the following Subjects:
AGENTS AND BROKERS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
DISCLOSURE
DISEASES -see also- AIDS; RABIES
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
PENALTIES
REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
REPORTS
RESTITUTION
RULES AND REGULATIONS
Bill affects the following Statutes:
Insurance
( 8-601 , 8-602 , 8-603 , 8-604 , 8-605 , 8-606 , 8-607 , 8-608 , 8-609 , 8-610 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 107576/01 (PDF)     Offered on: February 19, 2003   at: 10:31 a.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
Senate
February 21, 2003: Third Reading Passed (45-0)