Legislation

Title: Insurance - Impaired Entities - Delinquency Proceedings
Sponsored by: Senator Feldman
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 766
Analysis: Fiscal and Policy Note

Synopsis

Providing that a federal home loan bank may not be stayed or prohibited from exercising certain rights with respect to certain collateral of a certain insurer-member after the 14th day following the filing of a delinquency proceeding; requiring a federal home loan bank to repurchase certain outstanding capital stock of a certain insurer-member under certain circumstances; requiring a federal home loan bank to establish a certain timeline and process within 10 business days after a request from a receiver; etc.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0504

Bill File Type: Regular

Effective Date(s): June 1, 2021

History

Legislation History
Chamber Senate Calendar Date 1/20/2021 Legislative Date 1/20/2021 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Impaired Entities - Delinquency Proceedings Proceedings
Chamber Senate Calendar Date 1/22/2021 Legislative Date 1/22/2021 Action Hearing 2/10 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 2/19/2021 Legislative Date 2/19/2021 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 2/23/2021 Legislative Date 2/14/2021 Action Favorable Adopted Proceedings 15 Click to view Recorded Media
Chamber Senate Calendar Date 2/23/2021 Legislative Date 2/14/2021 Action Second Reading Passed Proceedings 15 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Impaired Entities - Delinquency Proceedings Proceedings
Chamber Senate Calendar Date 2/24/2021 Legislative Date 2/15/2021 Action Third Reading Passed (45-0) Proceedings 16 Click to view Recorded Media
Chamber House Calendar Date 2/25/2021 Legislative Date 2/25/2021 Action Referred Economic Matters Proceedings 16 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/28/2021 Legislative Date 3/28/2021 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/30/2021 Legislative Date 3/14/2021 Action Favorable Adopted Second Reading Passed Proceedings 33 Click to view Recorded Media
Chamber House Calendar Date 3/30/2021 Legislative Date 3/15/2021 Action Third Reading Passed (134-0) Proceedings 34 Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2021 Legislative Date 3/10/2021 Action Returned Passed Proceedings 37 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/30/2021 Legislative Date 5/30/2021 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 766 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Impaired Entities - Delinquency Proceedings Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/20/2021	1/20/2021	First Reading Finance
			Text - First - Insurance - Impaired Entities - Delinquency Proceedings
Senate	1/22/2021	1/22/2021	Hearing 2/10 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/19/2021	2/19/2021	Favorable Report by Finance
Senate	2/23/2021	2/14/2021	Favorable Adopted	15 Click to view Recorded Media
Senate	2/23/2021	2/14/2021	Second Reading Passed	15 Click to view Recorded Media
			Text - Third - Insurance - Impaired Entities - Delinquency Proceedings
Senate	2/24/2021	2/15/2021	Third Reading Passed (45-0)	16 Click to view Recorded Media
House	2/25/2021	2/25/2021	Referred Economic Matters	16 Click to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/28/2021	3/28/2021	Favorable Report by Economic Matters
House	3/30/2021	3/14/2021	Favorable Adopted Second Reading Passed	33 Click to view Recorded Media
House	3/30/2021	3/15/2021	Third Reading Passed (134-0)	34 Click to view Recorded Media
Senate	3/31/2021	3/10/2021	Returned Passed	37 Click to view Recorded Media
Post Passage	5/30/2021	5/30/2021	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 766
			Text - Chapter - Insurance - Impaired Entities - Delinquency Proceedings

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