Legislation
- Title
- Insurance - Maryland Automobile Insurance Fund - Assessments
- Sponsored by
- Delegate Crosby
- Status
- In the House - Hearing 2/23 at 1:00 p.m. (Economic Matters)
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the formula for the calculation of certain assessments by the Maryland Automobile Insurance Fund; requiring the Maryland Insurance Commissioner, under certain circumstances, to authorize the Maryland Automobile Insurance Fund to withdraw certain amounts from a certain overassessment account to offset certain private passenger auto and commercial auto assessments; prohibiting members of the Industry Automobile Insurance Association from being subject to an annual assessment under certain circumstances; etc.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): June 1, 2023
History
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File Code
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Subjects
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Statutes
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(
20-401, 20-404, 20-405, 20-409, 20-410 )
(
17-106 )
Last Updated: 6/9/2023 2:43 PM