Legislation

Altering the exemptions that the Maryland Insurance Commissioner may provide to certain domestic insurance companies from certain reserve requirements; authorizing the Commissioner to exempt a certain domestic insurance company from certain requirements if the company meets the life principle-based reserve exemption criteria in the valuation manual; and repealing certain exemptions to certain reserve requirements.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Details

Cross-filed with: SB0227

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber House Calendar Date 2/06/2019 Legislative Date 2/06/2019 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Principle-Based Reserves Proceedings
Chamber House Calendar Date 2/07/2019 Legislative Date 2/07/2019 Action Hearing 2/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/25/2019 Legislative Date 2/25/2019 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 2/26/2019 Legislative Date 2/26/2019 Action Favorable with Amendments {203399/1 Adopted Proceedings 35 Click to view Recorded Media
Chamber House Calendar Date 2/26/2019 Legislative Date 2/26/2019 Action Second Reading Passed with Amendments Proceedings 35 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Principle-Based Reserves Proceedings
Chamber House Calendar Date 2/28/2019 Legislative Date 2/28/2019 Action Third Reading Passed (139-0) Proceedings 37 Click to view Recorded Media
Chamber Senate Calendar Date 3/01/2019 Legislative Date 3/01/2019 Action Referred Finance Proceedings 37 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 3/25/2019 Legislative Date 3/25/2019 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/27/2019 Legislative Date 3/23/2019 Action Favorable Adopted Second Reading Passed Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 3/28/2019 Legislative Date 3/24/2019 Action Third Reading Passed (47-0) Proceedings 56 Click to view Recorded Media
Chamber House Calendar Date 3/29/2019 Legislative Date 3/21/2019 Action Returned Passed Proceedings 56 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/24/2019 Legislative Date 5/24/2019 Action Vetoed by the Governor (Duplicative) Proceedings
Chamber Calendar Date Legislative Date Action Governor's Veto Letter Proceedings Click to view Recorded Media
Chamber House Calendar Date 1/08/2020 Legislative Date 1/08/2020 Action Veto sustained (0-138) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/06/2019	2/06/2019	First Reading Economic Matters
			Text - First - Insurance - Principle-Based Reserves
House	2/07/2019	2/07/2019	Hearing 2/14 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	2/25/2019	2/25/2019	Favorable with Amendments Report by Economic Matters
House	2/26/2019	2/26/2019	Favorable with Amendments {203399/1 Adopted	35 Click to view Recorded Media
House	2/26/2019	2/26/2019	Second Reading Passed with Amendments	35 Click to view Recorded Media
			Text - Third - Insurance - Principle-Based Reserves
House	2/28/2019	2/28/2019	Third Reading Passed (139-0)	37 Click to view Recorded Media
Senate	3/01/2019	3/01/2019	Referred Finance	37 Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/25/2019	3/25/2019	Favorable Report by Finance
Senate	3/27/2019	3/23/2019	Favorable Adopted Second Reading Passed	55 Click to view Recorded Media
Senate	3/28/2019	3/24/2019	Third Reading Passed (47-0)	56 Click to view Recorded Media
House	3/29/2019	3/21/2019	Returned Passed	56 Click to view Recorded Media
Post Passage	5/24/2019	5/24/2019	Vetoed by the Governor (Duplicative)
			Governor's Veto Letter	Click to view Recorded Media
House	1/08/2020	1/08/2020	Veto sustained (0-138)

File Code

Subjects

Statutes