Legislation
- Title
- Insurance – Maryland Automobile Insurance Fund – Assessments
- Sponsored by
- Senators Klausmeier and McCray
- Status
- Approved by the Governor - Chapter 535
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the formula for the calculation of certain assessments by the Maryland Automobile Insurance Fund; requiring the Board of Trustees of the Fund, under certain circumstances, to authorize the Fund to withdraw certain amounts from the money held by the Fund from a prior overassessment; prohibiting members of the Industry Automobile Insurance Association from being subject to an annual assessment under certain circumstances; requiring in a certain fiscal year that additional funds be allocated to the Fund; etc.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Economic Matters
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 3:08 PM