SENATE BILL 691

Sponsored By:

Senator Gladden

Entitled:

Automobile Insurance - Alternative Rating Plan Pilot Program

Synopsis:

Authorizing specified credits against taxes under specified circumstances; providing for calculation of the credit; authorizing specified insurers that deliver, issue for delivery, or renew a policy of automobile insurance to offer specified persons the choice between mile-based rating plans and time-based rating plans; etc.

History by Legislative Date

Senate Action

2/6

First Reading Finance

2/27

Hearing 3/16 at 1:00 p.m.

3/25

Unfavorable Report by Finance

House Action

No Action

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

INSURANCE ADMINISTRATION

MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND

PRICES -see also- CONSUMER PRICE INDEX

REPORTS

RULES AND REGULATIONS

SUNSET

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Insurance

( 6-120 , 11-215 , 11-216 , 11-318 , 11-319 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered