HOUSE BILL 516

Sponsored By:

Delegates Love and Barve

Entitled:

Insurance - Motor Vehicle Rental Companies - Regulation

Synopsis:

Providing that the insurance laws of the State do not apply to a motor vehicle rental company that offers insurance coverage in connection with the rental of a motor vehicle if the company obtains a broker's certificate of qualification, or retains the services of a person who has a broker's certificate, provides an insurance training program to its employees who offer the insurance coverage, and proves its ability to fulfill its financial obligations under motor vehicle rental agreements.

History by Legislative Date

House Action

2/11

First Reading Economic Matters

2/17

Hearing 3/11 at 1:00 p.m.

3/16

Withdrawn

Senate Action

No Action

Sponsored by:

Delegate Mary Ann E. Love, District 32

Delegate Kumar P. Barve, District 17

Bill indexed under the following Subjects:

AGENTS AND BROKERS

INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS

LEASES AND RENT -see also- EVICTION

LICENSES -see also- ALC. BEVERAGES LIC; DRIVERS' LIC

MOTOR VEHICLES -see also- ABANDONED VEH; OFF-RD. VEH.; TRUCK

MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND

Bill affects the following Statute:

Insurance

( 1-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered