Legislation

Title: Insurance - Impaired Entities - Delinquency Proceedings
Sponsored by: Delegate Dumais
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 765
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:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Cross-filed with: SB0458

Bill File Type: Regular

Effective Date(s): June 1, 2021

History

Legislation History
Chamber House Calendar Date 1/15/2021 Legislative Date 1/15/2021 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Impaired Entities - Delinquency Proceedings Proceedings
Chamber House Calendar Date 1/18/2021 Legislative Date 1/18/2021 Action Hearing 1/26 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/23/2021 Legislative Date 2/23/2021 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 2/25/2021 Legislative Date 2/25/2021 Action Favorable Adopted Second Reading Passed Proceedings 16 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Impaired Entities - Delinquency Proceedings Proceedings
Chamber House Calendar Date 2/26/2021 Legislative Date 2/26/2021 Action Third Reading Passed (135-0) Proceedings 17 Click to view Recorded Media
Chamber Senate Calendar Date 3/02/2021 Legislative Date 2/17/2021 Action Referred Finance Proceedings 18 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2021 Legislative Date 3/26/2021 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/26/2021 Legislative Date 3/06/2021 Action Favorable Adopted Second Reading Passed Proceedings 33 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2021 Legislative Date 3/07/2021 Action Third Reading Passed (47-0) Proceedings 34 Click to view Recorded Media
Chamber House Calendar Date 3/30/2021 Legislative Date 3/14/2021 Action Returned Passed Proceedings 33 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 765 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Impaired Entities - Delinquency Proceedings Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/15/2021	1/15/2021	First Reading Economic Matters
			Text - First - Insurance - Impaired Entities - Delinquency Proceedings
House	1/18/2021	1/18/2021	Hearing 1/26 at 1:30 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	2/23/2021	2/23/2021	Favorable Report by Economic Matters
House	2/25/2021	2/25/2021	Favorable Adopted Second Reading Passed	16 Click to view Recorded Media
			Text - Third - Insurance - Impaired Entities - Delinquency Proceedings
House	2/26/2021	2/26/2021	Third Reading Passed (135-0)	17 Click to view Recorded Media
Senate	3/02/2021	2/17/2021	Referred Finance	18 Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/26/2021	3/26/2021	Favorable Report by Finance
Senate	3/26/2021	3/06/2021	Favorable Adopted Second Reading Passed	33 Click to view Recorded Media
Senate	3/29/2021	3/07/2021	Third Reading Passed (47-0)	34 Click to view Recorded Media
House	3/30/2021	3/14/2021	Returned Passed	33 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 765
			Text - Chapter - Insurance - Impaired Entities - Delinquency Proceedings

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