Legislation - SB0469

Title: Maryland Automobile Insurance Fund - Affordability - Purpose of Fund and Authorized Program
Sponsored by: Senator Hayes
Status: In the Senate - Hearing 2/18 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering the purpose of the Maryland Automobile Insurance Fund to specify that the financial security provided by the Fund be provided at rates that are affordable; and authorizing the Executive Director of the Fund to establish an affordability program that may otherwise be considered to be inconsistent with certain provisions of insurance law.

Committees

Original:: Finance Click to view Recorded Media

Details

Cross-filed with: HB0816

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/02/2026 Legislative Date 2/02/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Automobile Insurance Fund - Affordability - Purpose of Fund and Authorized Program Proceedings
Chamber Senate Calendar Date 2/04/2026 Legislative Date 2/04/2026 Action Hearing 2/18 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/02/2026	2/02/2026	First Reading Finance
			Text - First - Maryland Automobile Insurance Fund - Affordability - Purpose of Fund and Authorized Program
Senate	2/04/2026	2/04/2026	Hearing 2/18 at 1:00 p.m.

File Code

Subjects

Statutes