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:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Details

Cross-filed with: HB0608

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber Senate Calendar Date 1/24/2019 Legislative Date 1/24/2019 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Principle-Based Reserves Proceedings
Chamber Senate Calendar Date 1/28/2019 Legislative Date 1/28/2019 Action Hearing 2/13 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/19/2019 Legislative Date 2/19/2019 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 2/20/2019 Legislative Date 2/20/2019 Action Favorable with Amendments {337176/1 Adopted Proceedings 30 Click to view Recorded Media
Chamber Senate Calendar Date 2/20/2019 Legislative Date 2/20/2019 Action Second Reading Passed with Amendments Proceedings 30 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Principle-Based Reserves Proceedings
Chamber Senate Calendar Date 2/22/2019 Legislative Date 2/22/2019 Action Third Reading Passed (46-0) Proceedings 32 Click to view Recorded Media
Chamber House Calendar Date 2/25/2019 Legislative Date 2/25/2019 Action Referred Economic Matters Proceedings 34 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/08/2019 Legislative Date 4/08/2019 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 4/08/2019 Legislative Date 4/01/2019 Action Favorable Adopted Second Reading Passed Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/08/2019 Legislative Date 4/02/2019 Action Third Reading Passed (135-0) Proceedings 68 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2019 Legislative Date 4/03/2019 Action Returned Passed Proceedings 66 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/30/2019 Legislative Date 4/30/2019 Action Approved by the Governor - Chapter 245 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Principle-Based Reserves Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/24/2019	1/24/2019	First Reading Finance
			Text - First - Insurance - Principle-Based Reserves
Senate	1/28/2019	1/28/2019	Hearing 2/13 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/19/2019	2/19/2019	Favorable with Amendments Report by Finance
Senate	2/20/2019	2/20/2019	Favorable with Amendments {337176/1 Adopted	30 Click to view Recorded Media
Senate	2/20/2019	2/20/2019	Second Reading Passed with Amendments	30 Click to view Recorded Media
			Text - Third - Insurance - Principle-Based Reserves
Senate	2/22/2019	2/22/2019	Third Reading Passed (46-0)	32 Click to view Recorded Media
House	2/25/2019	2/25/2019	Referred Economic Matters	34 Click to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/08/2019	4/08/2019	Favorable Report by Economic Matters
House	4/08/2019	4/01/2019	Favorable Adopted Second Reading Passed	67 Click to view Recorded Media
House	4/08/2019	4/02/2019	Third Reading Passed (135-0)	68 Click to view Recorded Media
Senate	4/08/2019	4/03/2019	Returned Passed	66 Click to view Recorded Media
Post Passage	4/30/2019	4/30/2019	Approved by the Governor - Chapter 245
			Text - Chapter - Insurance - Principle-Based Reserves

File Code

Subjects

Statutes