2004 Regular Session

SENATE BILL 439

CHAPTER NUMBER: 275 File Code: Insurance - Other than Health Prior Year Introduction As: SB 182/03 - 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 under specified circumstances; providing that the Act applies only to specified contracts between viators and viatical settlement providers; establishing specified registration requirements; requiring viatical settlement providers and viatical settlement brokers to make specified disclosures in a specified manner to viators under specified circumstances; providing for renewal of registrations; etc.

History by Legislative Date

Senate Action
2/5
First Reading Finance
2/9
Hearing 2/18 at 1:00 p.m.
2/25
Favorable with Amendments Report by Finance
2/26
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/27
Third Reading Passed (46-0)
4/8
Senate Concur - House Amendments
Third Reading Passed (43-0)
Passed Enrolled
5/11
Signed by the Governor Chapter 275
House Action
3/1
First Reading Health and Government Operations
3/17
Hearing 3/25 at 1:00 p.m.
4/8
Favorable with Amendments Report by Health and Government Operations
4/4
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/5
Third Reading Passed with Amendments (138-1)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCLOSURE
DISEASES -see also- AIDS; RABIES
FEES -see also- DEVELOPMENT FEES AND TAXES
FRAUD -see also- FORGERY
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
NOTICES
PENALTIES
PRIVACY
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 , 8-611 , 27-403 , 27-802 , 27-804 , 27-804 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 007070/01 (PDF)     Offered on: February 26, 2004   at: 10:30 a.m.     Status: Adopted
House
Number: 456989/01 (PDF)     Offered on: April 8, 2004   at: 10:24 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
February 27, 2004: Third Reading Passed (46-0)
April 8, 2004: Third Reading Passed (43-0)
House
April 5, 2004: Third Reading Passed (138-1)