Legislation - SB0890

Suspending for a certain period of time the charge and collection of a certain premium receipts tax and related fees, penalties, and interest on lawfully procured captive insurance by nonprofit entities located in the State; and requiring the Maryland Insurance Administration to conduct a study on the use, regulation, and taxation of captive insurance companies by entities in the State and report its findings and recommendations to the Governor and the Senate Finance Committee and the House Health Committee by December 1, 2027.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media; Health

Committee Testimony

Witness List

Details

Cross-filed with: HB1228

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems Proceedings
Chamber Senate Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action Hearing 2/25 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 3/23/2026 Legislative Date 3/23/2026 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/06/2026 Action Favorable with Amendments {133420/1 Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/06/2026 Action Motion Laid Over (Senator West) Adopted Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/07/2026 Action Favorable with Amendments {133420/1 Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/07/2026 Action Motion Special Order until 3/25 (Senator West) Adopted Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/25/2026 Legislative Date 3/10/2026 Action Favorable with Amendments {133420/1 Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/25/2026 Legislative Date 3/10/2026 Action Motion Special Order until 3/26 (Senator Gile) Adopted Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2026 Legislative Date 3/11/2026 Action Favorable with Amendments {133420/1 Adopted Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2026 Legislative Date 3/11/2026 Action Floor Amendment {523529/1 (Senator Gile) Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2026 Legislative Date 3/11/2026 Action Motion Special Order until 3/30 (Senator West) Rejected Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2026 Legislative Date 3/11/2026 Action Floor Amendment {523529/1 (Senator Gile) Adopted Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2026 Legislative Date 3/11/2026 Action Second Reading Passed with Amendments Proceedings 50 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Captive Insurers - Premium Receipts Tax Moratorium and Study Proceedings
Chamber Senate Calendar Date 3/30/2026 Legislative Date 3/12/2026 Action Third Reading Passed (43-0) Proceedings 51AClick to view Recorded Media
Chamber House Calendar Date 3/31/2026 Legislative Date 3/15/2026 Action Referred Rules and Executive Nominations Proceedings 52 Click to view Recorded Media
Chamber House Calendar Date 4/01/2026 Legislative Date 4/01/2026 Action Hearing 4/06 at 2:00 p.m. Proceedings
Chamber House Calendar Date 4/02/2026 Legislative Date 4/02/2026 Action Hearing canceled Proceedings
Chamber House Calendar Date 4/06/2026 Legislative Date 4/06/2026 Action Rereferred to Ways and Means and Health Proceedings
Chamber House Calendar Date 4/06/2026 Legislative Date 4/06/2026 Action Hearing 4/08 at 1:00 p.m. (Ways and Means) Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/10/2026 Legislative Date 4/10/2026 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/10/2026 Legislative Date 3/25/2026 Action Favorable with Amendments {983824/1 Adopted Proceedings 62 Click to view Recorded Media
Chamber House Calendar Date 4/10/2026 Legislative Date 3/25/2026 Action Second Reading Passed with Amendments Proceedings 62 Click to view Recorded Media
Chamber House Calendar Date 4/13/2026 Legislative Date 3/30/2026 Action Third Reading Passed (137-0) Proceedings 67 Click to view Recorded Media
Chamber Senate Calendar Date 4/13/2026 Legislative Date 3/27/2026 Action Senate Concurs House Amendments Proceedings 66 Click to view Recorded Media
Chamber Senate Calendar Date 4/13/2026 Legislative Date 3/27/2026 Action Third Reading Passed (45-0) Proceedings 66 Click to view Recorded Media
Chamber Senate Calendar Date 4/13/2026 Legislative Date 3/27/2026 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Insurance - Captive Insurers - Premium Receipts Tax Study Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/06/2026	2/06/2026	First Reading Finance
			Text - First - Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems
Senate	2/11/2026	2/11/2026	Hearing 2/25 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/23/2026	3/23/2026	Favorable with Amendments Report by Finance
Senate	3/23/2026	3/06/2026	Favorable with Amendments {133420/1	45 Click to view Recorded Media
Senate	3/23/2026	3/06/2026	Motion Laid Over (Senator West) Adopted	45 Click to view Recorded Media
Senate	3/23/2026	3/07/2026	Favorable with Amendments {133420/1	46 Click to view Recorded Media
Senate	3/23/2026	3/07/2026	Motion Special Order until 3/25 (Senator West) Adopted	46 Click to view Recorded Media
Senate	3/25/2026	3/10/2026	Favorable with Amendments {133420/1	49 Click to view Recorded Media
Senate	3/25/2026	3/10/2026	Motion Special Order until 3/26 (Senator Gile) Adopted	49 Click to view Recorded Media
Senate	3/26/2026	3/11/2026	Favorable with Amendments {133420/1 Adopted	50 Click to view Recorded Media
Senate	3/26/2026	3/11/2026	Floor Amendment {523529/1 (Senator Gile)	50 Click to view Recorded Media
Senate	3/26/2026	3/11/2026	Motion Special Order until 3/30 (Senator West) Rejected	50 Click to view Recorded Media
Senate	3/26/2026	3/11/2026	Floor Amendment {523529/1 (Senator Gile) Adopted	50 Click to view Recorded Media
Senate	3/26/2026	3/11/2026	Second Reading Passed with Amendments	50 Click to view Recorded Media
			Text - Third - Insurance - Captive Insurers - Premium Receipts Tax Moratorium and Study
Senate	3/30/2026	3/12/2026	Third Reading Passed (43-0)	51AClick to view Recorded Media
House	3/31/2026	3/15/2026	Referred Rules and Executive Nominations	52 Click to view Recorded Media
House	4/01/2026	4/01/2026	Hearing 4/06 at 2:00 p.m.
House	4/02/2026	4/02/2026	Hearing canceled
House	4/06/2026	4/06/2026	Rereferred to Ways and Means and Health
House	4/06/2026	4/06/2026	Hearing 4/08 at 1:00 p.m. (Ways and Means)
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/10/2026	4/10/2026	Favorable with Amendments Report by Ways and Means
House	4/10/2026	3/25/2026	Favorable with Amendments {983824/1 Adopted	62 Click to view Recorded Media
House	4/10/2026	3/25/2026	Second Reading Passed with Amendments	62 Click to view Recorded Media
House	4/13/2026	3/30/2026	Third Reading Passed (137-0)	67 Click to view Recorded Media
Senate	4/13/2026	3/27/2026	Senate Concurs House Amendments	66 Click to view Recorded Media
Senate	4/13/2026	3/27/2026	Third Reading Passed (45-0)	66 Click to view Recorded Media
Senate	4/13/2026	3/27/2026	Passed Enrolled
			Text - Enrolled - Insurance - Captive Insurers - Premium Receipts Tax Study

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