Legislation - SB0637

Altering the minimum commission rate from 10% to 5% of the total premium that the Maryland Automobile Insurance Fund is required to pay to a fund producer of a policyholder to whom a policy is issued for private passenger auto insurance; and prohibiting the Fund from paying a commission to a fund producer for a policy written directly by the Fund without the involvement of a fund producer.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Judiciary

Committee Testimony

Witness List

Details

Cross-filed with: HB1387

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Automobile Insurance Fund - Fund Producer Minimum Commission Rate - Repeal Proceedings
Chamber Senate Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action Hearing 2/25 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 3/09/2026 Legislative Date 3/09/2026 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/10/2026 Legislative Date 2/25/2026 Action Favorable with Amendments {723628/1 Adopted Proceedings 36 Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2026 Legislative Date 2/25/2026 Action Second Reading Passed with Amendments Proceedings 36 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Automobile Insurance Fund - Fund Producer Commission Rate Proceedings
Chamber Senate Calendar Date 3/12/2026 Legislative Date 2/27/2026 Action Third Reading Passed (45-0) Proceedings 38 Click to view Recorded Media
Chamber House Calendar Date 3/13/2026 Legislative Date 3/01/2026 Action Referred Judiciary Proceedings 38 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2026	2/05/2026	First Reading Finance
			Text - First - Maryland Automobile Insurance Fund - Fund Producer Minimum Commission Rate - Repeal
Senate	2/11/2026	2/11/2026	Hearing 2/25 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/09/2026	3/09/2026	Favorable with Amendments Report by Finance
Senate	3/10/2026	2/25/2026	Favorable with Amendments {723628/1 Adopted	36 Click to view Recorded Media
Senate	3/10/2026	2/25/2026	Second Reading Passed with Amendments	36 Click to view Recorded Media
			Text - Third - Maryland Automobile Insurance Fund - Fund Producer Commission Rate
Senate	3/12/2026	2/27/2026	Third Reading Passed (45-0)	38 Click to view Recorded Media
House	3/13/2026	3/01/2026	Referred Judiciary	38 Click to view Recorded Media

File Code

Subjects

Statutes