HOUSE BILL 442

Sponsored By:

Chairman, Economic Matters Committee (Departmental - Insurance Administration, Maryland)

Entitled:

Insurance Regulation - Reports, Penalties, and Third Party Administrators

Synopsis:

Altering specified reporting requirements; requiring the Insurance Commissioner to send certain information to insurers at a certain time; requiring insurers to file renewal applications and continuation fees on or before a certain date; providing that insurers that fail to renew a certificate of authority in a timely manner shall forfeit a specified penalty; clarifying a certain definition relating to a third party administrator; etc.

Legislative History

House Action

1/29

First Reading Economic Matters

1/31

Hearing 2/14 at 1:00 p.m.

3/6

Favorable with Amendments Report by Economic Matters

3/7

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/11

Third Reading Passed (136-0)

3/31

House Refuses to Concur - Senate Amendments

House Requests Senate Recede

Conference Committee Appointed ...

Gordon, Kach, Pendergrass

4/6

Conference Committee Report Adopted

Third Reading Passed (120-1)

Passed Enrolled

5/14

Signed by the Governor Chapter 456

Senate Action

3/12

First Reading Finance

Hearing 3/26 at 1:00 p.m.

3/14

Hearing cancelled

Hearing 3/20 at 1:00 p.m.

3/25

Favorable with Amendments Report by Finance

3/26

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/28

Third Reading Passed with Amendments (46-0)

4/4

Senate Refuses to Recede

Conference Committee Appointed ...

Bromwell, Madden, Derr

4/5

Conference Committee Report Adopted

Third Reading Passed (46-0)

Sponsored by:

Chairman, Economic Matters Comm.

Departmental

Bill indexed under the following Subjects:

FEES -see also- DEVELOPMENT FEES AND TAXES

INSURANCE ADMINISTRATION

INSURANCE-GENERAL

LICENSES - GENERAL

PENALTIES

REPORTS -see also- RECORDS

Bill affects the following Statutes:

Insurance

( 2-110 , 4-112 , 4-112 , 8-301 )

Article - 48A Insurance Code

( 14A , 23 , 54 , 681 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled (PDF)

Fiscal Note: Available (PDF)

Amendments:

House

Number: 473453/1 (PDF) Offered on: MARCH 7, 1996 at: 10:13 Status: Adopted

Senate

Number: 587539/1 (PDF) Offered on: MARCH 26, 1996 at: 12:01 Status: Adopted