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

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

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