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SB0890

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems
Sponsored by
Senator Gile
Status
In the Senate - Hearing 2/25 at 1:00 p.m.
Analysis
Synopsis
Exempting premiums on lawfully procured captive insurance by nonprofit hospitals and health care systems located in the State from the State insurance premium receipts tax imposed on unauthorized insurers and persons insured by unauthorized insurers; and prohibiting the Maryland Insurance Administration from charging or collecting a certain tax, or certain fees, penalties, or interest from certain unauthorized insurers and certain insureds.
Committees
Original:
Finance
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 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.
File Code
Subjects
Statutes
Last Updated: 2/11/2026 2:53 PM
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