Legislation - HB1098

Title: Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study
Sponsored by: Delegates Fraser-Hidalgo and Wilson
Status: Approved by the Governor - Chapter 395
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Maryland Automobile Insurance Fund to calculate and report its risk based capital level in accordance with certain provisions of insurance law and maintain total adjusted capital in a certain amount; establishing that certain provisions of insurance law regarding prior approval rate making apply to the Fund during a certain time period and under certain circumstances; requiring the Maryland Insurance Administration to establish a workgroup to study automobile insurance affordability; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action First Reading Economic Matters Proceedings
Chamber House Calendar Date 2/06/2025 Legislative Date 2/06/2025 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/15/2025 Legislative Date 3/15/2025 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/15/2025 Legislative Date 3/06/2025 Action Favorable with Amendments {123526/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/15/2025 Legislative Date 3/06/2025 Action Floor Amendment {723223/1 (Chair, Economic Matters Committee) Adopted Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/15/2025 Legislative Date 3/06/2025 Action Second Reading Passed with Amendments Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study Proceedings
Chamber House Calendar Date 3/17/2025 Legislative Date 3/09/2025 Action Third Reading Passed (107-31) Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2025 Legislative Date 3/02/2025 Action Referred Finance Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2025 Legislative Date 3/20/2025 Action Hearing 3/27 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2025 Legislative Date 4/04/2025 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 4/04/2025 Legislative Date 3/18/2025 Action Favorable with Amendments {963829/1 Adopted Proceedings 66 Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2025 Legislative Date 3/18/2025 Action Second Reading Passed with Amendments Proceedings 66 Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2025 Legislative Date 3/19/2025 Action Third Reading Passed (45-0) Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/05/2025 Legislative Date 3/22/2025 Action House Refuses Concur Senate Amendments Proceedings 62 Click to view Recorded Media
Chamber House Calendar Date 4/05/2025 Legislative Date 3/22/2025 Action House Requests Senate Recede Proceedings 62 Click to view Recorded Media
Chamber House Calendar Date 4/05/2025 Legislative Date 3/22/2025 Action House Conference Committee Appointed (Delegates Fraser-Hidalgo, A. Johnson and Pippy) Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2025 Legislative Date 3/22/2025 Action House Refuses Concur Senate Amendments Proceedings 70 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2025 Legislative Date 3/22/2025 Action House Requests Senate Recede Proceedings 70 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2025 Legislative Date 3/22/2025 Action House Conference Committee Appointed (Delegates Fraser-Hidalgo, A. Johnson and Pippy) Proceedings 70 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2025 Legislative Date 3/22/2025 Action Senate Recede Proceedings 70 Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2025 Legislative Date 3/22/2025 Action Third Reading Passed (43-2) Proceedings 70 Click to view Recorded Media
Chamber House Calendar Date 4/07/2025 Legislative Date 3/25/2025 Action Returned Passed Proceedings 65 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/06/2025 Legislative Date 5/06/2025 Action Approved by the Governor - Chapter 395 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2025	2/05/2025	First Reading Economic Matters
House	2/06/2025	2/06/2025	Hearing 2/19 at 1:00 p.m.
			Text - First - Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/15/2025	3/15/2025	Favorable with Amendments Report by Economic Matters
House	3/15/2025	3/06/2025	Favorable with Amendments {123526/1 Adopted	46 Click to view Recorded Media
House	3/15/2025	3/06/2025	Floor Amendment {723223/1 (Chair, Economic Matters Committee) Adopted	46 Click to view Recorded Media
House	3/15/2025	3/06/2025	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study
House	3/17/2025	3/09/2025	Third Reading Passed (107-31)	49 Click to view Recorded Media
Senate	3/17/2025	3/02/2025	Referred Finance	50 Click to view Recorded Media
Senate	3/20/2025	3/20/2025	Hearing 3/27 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	4/04/2025	4/04/2025	Favorable with Amendments Report by Finance
Senate	4/04/2025	3/18/2025	Favorable with Amendments {963829/1 Adopted	66 Click to view Recorded Media
Senate	4/04/2025	3/18/2025	Second Reading Passed with Amendments	66 Click to view Recorded Media
Senate	4/04/2025	3/19/2025	Third Reading Passed (45-0)	67 Click to view Recorded Media
House	4/05/2025	3/22/2025	House Refuses Concur Senate Amendments	62 Click to view Recorded Media
House	4/05/2025	3/22/2025	House Requests Senate Recede	62 Click to view Recorded Media
House	4/05/2025	3/22/2025	House Conference Committee Appointed (Delegates Fraser-Hidalgo, A. Johnson and Pippy)	62 Click to view Recorded Media
Senate	4/07/2025	3/22/2025	House Refuses Concur Senate Amendments	70 Click to view Recorded Media
Senate	4/07/2025	3/22/2025	House Requests Senate Recede	70 Click to view Recorded Media
Senate	4/07/2025	3/22/2025	House Conference Committee Appointed (Delegates Fraser-Hidalgo, A. Johnson and Pippy)	70 Click to view Recorded Media
Senate	4/07/2025	3/22/2025	Senate Recede	70 Click to view Recorded Media
Senate	4/07/2025	3/22/2025	Third Reading Passed (43-2)	70 Click to view Recorded Media
House	4/07/2025	3/25/2025	Returned Passed	65 Click to view Recorded Media
Post Passage	5/06/2025	5/06/2025	Approved by the Governor - Chapter 395
			Text - Chapter - Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study

File Code

Subjects

Statutes