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Legislation


1998 Regular Session

SENATE BILL 705

CHAPTER NUMBER: 774 File Code: Insurance - Liability and Miscellaneous Crossfiled with: HOUSE BILL 1106
Sponsored By:
Senators Derr and Astle
Entitled:
Maryland Insurance Administration - Funding

Synopsis:

Establishing an annual assessment fee that the Insurance Commissioner shall collect from specified insurers; specifying the method of calculating the assessment fee; establishing a limitation on the amount that may be assessed by the Commissioner; repealing specified fees; altering specified fees; altering the guidelines used by the Commissioner when calculating retaliatory taxes and fees; establishing the Insurance Regulation Fund; providing for the income, purpose, expenditures, and custodian of the Fund; etc.

History by Legislative Date

Senate Action
2/16
First Reading Senate Rules
2/19
Re-referred Finance
Hearing 3/4 at 1:00 p.m.
3/9

Favorable with Amendments Report by Finance
3/10
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/12
Third Reading Passed (44-0)
4/13
Senate Concur - House Amendments
Third Reading Passed (44-1)
Passed Enrolled
5/21
Signed by the Governor Chapter 774
House Action
3/13
First Reading Economic Matters
3/25
Hearing 4/1 at 1:00 p.m.
4/11
Favorable with Amendments Report by Economic Matters
4/8
Favorable with Amendments Report Adopted
Floor Committee Amendment Adopted (85-37)
Second Reading Passed with Amendments
4/9
Third Reading Passed with Amendments (132-0)
Sponsored by:
Senator John W. Derr, District 3
Senator John C. Astle, District 30
Bill indexed under the following Subjects:
ASSESSMENTS
FEES -see also- DEVELOPMENT FEES AND TAXES
FORMS
FRAUD -see also- FORGERY
HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.
HEALTH MAINTENANCE ORGANIZATIONS -see also- MAN. CARE ORGS
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
PUBLIC OFFICIALS -see also- TREASURERS
REPORTS -see also- RECORDS
REVENUE AND TAXES -see also specific taxes -
RULES AND REGULATIONS
SUNSET
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
Health - General
( 19-706 , 19-713 )
Insurance
( 2-103 , 2-112 , 2-114 , 2-114 , 2-401 , 2-402 , 2-407 , 2-501 , 2-502 , 2-503 , 2-504 , 2-505 , 2-506 , 2-507 , 6-104 , 6-105 , 6-201 , 6-202 , 6-303 , 12-203 , 14-102 , 14-126 , 14-402 , 20-201 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 177450/1 (PDF)     Offered on: March 10, 1998   at: 12:14 p.m.     Status: Adopted
House
Number: 333673/2 (PDF)     Offered on: April 11, 1998   at: 4:02 p.m.     Status: Adopted
Number: 443878/1 (PDF)     Offered on: April 11, 1998   at: 3:59 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 12, 1998: Third Reading Passed (44-0)
April 13, 1998: Third Reading Passed (44-1)
House
April 8, 1998: Floor Committee Amendment {333673/2 Adopted (85-37)
April 9, 1998: Third Reading Passed (132-0)
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