Legislation - SB0469

Title: Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments
Sponsored by: Senator Hayes
Status: Approved by the Governor - Chapter 742
Analysis: Fiscal and Policy Note

Synopsis

Altering the cap, from 3% to 1%, on a certain assessment allocation percentage required to be calculated by the Board of Directors of the Industry Automobile Insurance Association; and authorizing the Executive Director of the Maryland Automobile Insurance Fun to establish an affordability program subject to certain requirements and modification under certain circumstances.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Judiciary

Committee Testimony

Witness List

Details

Cross-filed with: HB0816

Bill File Type: Regular

Effective Date(s): July 1, 2027

History

Legislation History
Chamber Senate Calendar Date 2/02/2026 Legislative Date 2/02/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Automobile Insurance Fund - Affordability - Purpose of Fund and Authorized Program Proceedings
Chamber Senate Calendar Date 2/04/2026 Legislative Date 2/04/2026 Action Hearing 2/18 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 3/20/2026 Legislative Date 3/20/2026 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/04/2026 Action Favorable with Amendments {473727/1 Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/04/2026 Action Floor Amendment {633223/1 (Senator Beidle) Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/04/2026 Action Second Reading Passed with Amendments Proceedings 43 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments Proceedings
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/06/2026 Action Third Reading Passed (44-0) Proceedings 45 Click to view Recorded Media
Chamber House Calendar Date 3/23/2026 Legislative Date 3/11/2026 Action Referred Judiciary Proceedings 48 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/08/2026 Legislative Date 4/08/2026 Action Favorable with Amendments Report by Judiciary Proceedings
Chamber House Calendar Date 4/08/2026 Legislative Date 3/21/2026 Action Favorable with Amendments {183729/1 Adopted Proceedings 58 Click to view Recorded Media
Chamber House Calendar Date 4/08/2026 Legislative Date 3/21/2026 Action Second Reading Passed with Amendments Proceedings 58 Click to view Recorded Media
Chamber House Calendar Date 4/10/2026 Legislative Date 3/25/2026 Action Motion Special Order until End Of This Calendar (Delegate Bartlett) Adopted Proceedings 62 Click to view Recorded Media
Chamber House Calendar Date 4/10/2026 Legislative Date 3/25/2026 Action Third Reading Passed (100-35) Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2026 Legislative Date 3/24/2026 Action Senate Concurs House Amendments Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2026 Legislative Date 3/24/2026 Action Third Reading Passed (42-0) Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2026 Legislative Date 3/24/2026 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments Proceedings
Chamber Post Passage Calendar Date 5/26/2026 Legislative Date 5/26/2026 Action Approved by the Governor - Chapter 742 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/02/2026	2/02/2026	First Reading Finance
			Text - First - Maryland Automobile Insurance Fund - Affordability - Purpose of Fund and Authorized Program
Senate	2/04/2026	2/04/2026	Hearing 2/18 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/20/2026	3/20/2026	Favorable with Amendments Report by Finance
Senate	3/20/2026	3/04/2026	Favorable with Amendments {473727/1 Adopted	43 Click to view Recorded Media
Senate	3/20/2026	3/04/2026	Floor Amendment {633223/1 (Senator Beidle) Adopted	43 Click to view Recorded Media
Senate	3/20/2026	3/04/2026	Second Reading Passed with Amendments	43 Click to view Recorded Media
			Text - Third - Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments
Senate	3/23/2026	3/06/2026	Third Reading Passed (44-0)	45 Click to view Recorded Media
House	3/23/2026	3/11/2026	Referred Judiciary	48 Click to view Recorded Media
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	4/08/2026	4/08/2026	Favorable with Amendments Report by Judiciary
House	4/08/2026	3/21/2026	Favorable with Amendments {183729/1 Adopted	58 Click to view Recorded Media
House	4/08/2026	3/21/2026	Second Reading Passed with Amendments	58 Click to view Recorded Media
House	4/10/2026	3/25/2026	Motion Special Order until End Of This Calendar (Delegate Bartlett) Adopted	62 Click to view Recorded Media
House	4/10/2026	3/25/2026	Third Reading Passed (100-35)	62 Click to view Recorded Media
Senate	4/10/2026	3/24/2026	Senate Concurs House Amendments	63 Click to view Recorded Media
Senate	4/10/2026	3/24/2026	Third Reading Passed (42-0)	63 Click to view Recorded Media
Senate	4/10/2026	3/24/2026	Passed Enrolled
			Text - Enrolled - Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments
Post Passage	5/26/2026	5/26/2026	Approved by the Governor - Chapter 742
			Text - Chapter - Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments

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