SENATE BILL 314

Sponsored By:

Senator Stone

Entitled:

Motor Vehicle Liability Insurance - Valuation of Motor Vehicles

Synopsis:

Requiring the Maryland Insurance Commissioner to adopt regulations that establish standards and procedures for the settlement of claims involving the total loss of a specified motor vehicle and the determination of the motor vehicle's total loss value; etc.

History by Legislative Date

Senate Action

1/31

First Reading Finance

2/19

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

3/21

Favorable with Amendments Report by Finance

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/22

Third Reading Passed (47-0)

4/2

Returned Passed

5/22

Governor vetoed - Duplicative

House Action

3/21

First Reading Economic Matters

3/25

Hearing 3/27 at 1:00 p.m.

4/2

Favorable Report by Economic Matters

3/29

Favorable Report Adopted

Second Reading Passed

3/30

Third Reading Passed (137-0)

Bill indexed under the following Subjects:

ACCIDENTS

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

INSURANCE ADMINISTRATION

MOTOR VEHICLES -see also- ABANDONED; AMBULANCES; BUSES; etc.

MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND

PRICES -see also- CONSUMER PRICE INDEX

RULES AND REGULATIONS

Bill affects the following Statute:

Insurance

( 27-304.1 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 637073/01 (PDF)     Offered on: March 21, 2003   at: 11:33 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 22, 2003: Third Reading Passed (47-0)

House

March 30, 2003: Third Reading Passed (137-0)