Legislation - SB0228

Title: Limited Line Credit Insurance - Qualification of Applicants
Sponsored by: Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
Status: Approved by the Governor - Chapter 415
Analysis: Fiscal and Policy Note

Synopsis

Altering certain requirements relating to programs of instruction for applicants for certain limited lines credit insurance licenses; and requiring the insurer that provides the program of instruction to retain records relating to the program of instruction while in use and for a period of at least 5 years after its last use.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0030

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2025

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 10/06/2024 Legislative Date 10/06/2024 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/08/2025 Legislative Date 1/08/2025 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Limited Line Credit Insurance - Qualification of Applicants Proceedings
Chamber Senate Calendar Date 1/14/2025 Legislative Date 1/14/2025 Action Hearing 1/23 at 3:45 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/03/2025 Legislative Date 2/03/2025 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 2/04/2025 Legislative Date 1/29/2025 Action Favorable Adopted Proceedings 18 Click to view Recorded Media
Chamber Senate Calendar Date 2/04/2025 Legislative Date 1/29/2025 Action Second Reading Passed Proceedings 18 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Limited Line Credit Insurance - Qualification of Applicants Proceedings
Chamber Senate Calendar Date 2/06/2025 Legislative Date 1/31/2025 Action Third Reading Passed (45-0) Proceedings 20 Click to view Recorded Media
Chamber House Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Referred Economic Matters Proceedings 23 Click to view Recorded Media
Chamber House Calendar Date 3/31/2025 Legislative Date 3/31/2025 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/31/2025 Legislative Date 3/14/2025 Action Favorable Adopted Second Reading Passed Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 4/01/2025 Legislative Date 3/16/2025 Action Third Reading Passed (136-0) Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 4/02/2025 Legislative Date 3/15/2025 Action Returned Passed Proceedings 63 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/06/2025 Legislative Date 5/06/2025 Action Approved by the Governor - Chapter 415 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Limited Line Credit Insurance - Qualification of Applicants Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	10/06/2024	10/06/2024	Pre-filed
Senate	1/08/2025	1/08/2025	First Reading Finance
			Text - First - Limited Line Credit Insurance - Qualification of Applicants
Senate	1/14/2025	1/14/2025	Hearing 1/23 at 3:45 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/03/2025	2/03/2025	Favorable Report by Finance
Senate	2/04/2025	1/29/2025	Favorable Adopted	18 Click to view Recorded Media
Senate	2/04/2025	1/29/2025	Second Reading Passed	18 Click to view Recorded Media
			Text - Third - Limited Line Credit Insurance - Qualification of Applicants
Senate	2/06/2025	1/31/2025	Third Reading Passed (45-0)	20 Click to view Recorded Media
House	2/07/2025	2/07/2025	Referred Economic Matters	23 Click to view Recorded Media
House	3/31/2025	3/31/2025	Favorable Report by Economic Matters
House	3/31/2025	3/14/2025	Favorable Adopted Second Reading Passed	54 Click to view Recorded Media
House	4/01/2025	3/16/2025	Third Reading Passed (136-0)	56 Click to view Recorded Media
Senate	4/02/2025	3/15/2025	Returned Passed	63 Click to view Recorded Media
Post Passage	5/06/2025	5/06/2025	Approved by the Governor - Chapter 415
			Text - Chapter - Limited Line Credit Insurance - Qualification of Applicants

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Subjects

Statutes