2005 Regular Session

SENATE BILL 223

File Code: Insurance - Other than Health
Sponsored By:
Chairman, Finance Committee (By Request - Departmental - Insurance Administration, Maryland)
Entitled:
Insurance - Regulation of Premium Finance Companies

Synopsis:

Requiring specified information at the initial registration of a premium finance company; requiring specified information at the renewal of registration of a premium finance company; requiring a premium finance company to disclose specified information to specified persons on written request; etc.

History by Legislative Date

Senate Action
1/21
First Reading Finance
Motion Rules Suspended Referred (Senator Green) Adopted
Referred Finance
1/25
Hearing 2/8 at 1:00 p.m.
3/21

Favorable with Amendments Report by Finance
3/20
Favorable with Amendments
Laid Over (Senator Harris) Adopted
3/21
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (47-0)
House Action
3/24
First Reading Economic Matters
3/30
Hearing 4/5 at 1:00 p.m.
4/9
Unfavorable Report by Economic Matters

Sponsored by:

Finance Comm., Chairman
Departmental
Ins. Administration, MD

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCLOSURE
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCE COMPANIES
FORMS
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
PENALTIES
REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
RESTITUTION

Bill affects the following Statutes:

Insurance
( 23-203 , 23-205 , 23-206 , 23-208 , 23-505.2 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 497171/01 (PDF)     Offered on: March 23, 2005   at: 12:04 p.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
Senate
March 24, 2005: Third Reading Passed (47-0)