Legislation

Title: Insurance - Corporate Governance Annual Disclosure Act
Sponsored by: Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
Status: Approved by the Governor - Chapter 105
Analysis: Fiscal and Policy Note

Synopsis

Requiring certain insurers and insurance groups to submit to the Maryland Insurance Commissioner a certain Corporate Governance Annual Disclosure (CGAD) by June 1 each calendar year beginning in 2020; requiring certain insurers to submit a certain CGAD in a certain manner to the commissioner of the lead state for a certain insurance group and in a manner specified in a certain Financial Analysis Handbook; providing for the confidentiality and privilege of certain documents and information contained in and relating to a CGAD; etc.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters Click to view Recorded Media

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2019

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 10/15/2018 Legislative Date 10/15/2018 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/09/2019 Legislative Date 1/09/2019 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Corporate Governance Annual Disclosure Act Proceedings
Chamber Senate Calendar Date 1/09/2019 Legislative Date 1/09/2019 Action Hearing 1/29 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/01/2019 Legislative Date 2/01/2019 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action Favorable with Amendments {187471/1 Adopted Proceedings 19 Click to view Recorded Media
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action Second Reading Passed with Amendments Proceedings 19 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Corporate Governance Annual Disclosure Act Proceedings
Chamber Senate Calendar Date 2/07/2019 Legislative Date 2/07/2019 Action Third Reading Passed (45-0) Proceedings 21 Click to view Recorded Media
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action Referred Economic Matters Proceedings 23 Click to view Recorded Media
Chamber House Calendar Date 2/26/2019 Legislative Date 2/26/2019 Action Hearing 3/14 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 4/03/2019 Legislative Date 4/03/2019 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 4/03/2019 Legislative Date 3/24/2019 Action Favorable Adopted Second Reading Passed Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/04/2019 Legislative Date 3/27/2019 Action Third Reading Passed (134-0) Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2019 Legislative Date 3/30/2019 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/18/2019 Legislative Date 4/18/2019 Action Approved by the Governor - Chapter 105 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Corporate Governance Annual Disclosure Act Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	10/15/2018	10/15/2018	Pre-filed
Senate	1/09/2019	1/09/2019	First Reading Finance
			Text - First - Insurance - Corporate Governance Annual Disclosure Act
Senate	1/09/2019	1/09/2019	Hearing 1/29 at 2:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/01/2019	2/01/2019	Favorable with Amendments Report by Finance
Senate	2/04/2019	2/04/2019	Favorable with Amendments {187471/1 Adopted	19 Click to view Recorded Media
Senate	2/04/2019	2/04/2019	Second Reading Passed with Amendments	19 Click to view Recorded Media
			Text - Third - Insurance - Corporate Governance Annual Disclosure Act
Senate	2/07/2019	2/07/2019	Third Reading Passed (45-0)	21 Click to view Recorded Media
House	2/08/2019	2/08/2019	Referred Economic Matters	23 Click to view Recorded Media
House	2/26/2019	2/26/2019	Hearing 3/14 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/03/2019	4/03/2019	Favorable Report by Economic Matters
House	4/03/2019	3/24/2019	Favorable Adopted Second Reading Passed	59 Click to view Recorded Media
House	4/04/2019	3/27/2019	Third Reading Passed (134-0)	62 Click to view Recorded Media
Senate	4/05/2019	3/30/2019	Returned Passed	62 Click to view Recorded Media
Post Passage	4/18/2019	4/18/2019	Approved by the Governor - Chapter 105
			Text - Chapter - Insurance - Corporate Governance Annual Disclosure Act

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Statutes