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Legislation


1997 Regular Session

SENATE BILL 751

File Code: Insurance - Liability and Miscellaneous Crossfiled with: HOUSE BILL 1021
Sponsored By:
Senators Della and Astle
Entitled:
Premium Finance Companies and Agreements

Synopsis:

Making technical changes relating to premium finance companies and premium finance agreements; altering specified registration provisions to require a premium finance company to elect from among specified alternatives concerning the financial security of the company; specifying information required of applicants; altering specified fees; clarifying that the denial of an applicant's registration is subject to specified hearing requirements; altering record keeping and registration requirements; etc.

Legislative History

Senate Action
1/31
First Reading Finance
2/4
Hearing 2/25 at 1:00 p.m.
3/24
Favorable with Amendments Report by Finance
3/25
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed (44-0)
4/5
Senate Concur - House Amendments
Third Reading Passed (47-0)
Passed Enrolled
5/22
Governor vetoed - Cross-filed bill was signed
House Action
3/24
First Reading Economic Matters
3/27
Hearing 4/1 at 1:00 p.m.
4/3
Favorable with Amendments Report by Economic Matters
3/30
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/31
Third Reading Passed with Amendments (134-0)
Sponsored by:
Senator George W. Della, Jr., District 47
Senator John C. Astle, District 30
Bill indexed under the following Subjects:
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCE COMPANIES
HEARINGS
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
NOTICES
RECORDS -see also- RCDNGS; LAND RCDS; VITAL RCDS; CRIM BKGD.
REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
Bill affects the following Statutes:
Insurance
( 23-101 , 23-102 , 23-103 , 23-201 , 23-202 , 23-203 , 23-204 , 23-205 , 23-206 , 23-207 , 23-208 , 23-209 , 23-210 , 23-301 , 23-302 , 23-303 , 23-304 , 23-306 , 23-305 , 23-307 , 23-308 , 23-309 , 23-310 , 23-401 , 23-401.1 , 23-402 , 23-403 , 23-404 , 23-405 , 23-406 , 23-501 , 23-502 , 23-503 , 23-504 , 23-505 , 23-506 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)

Amendments:
Senate
Number: 057347/2 (PDF) Offered on: MARCH 25, 1997 at: 12:01 Status: Adopted
House
Number: 143166/1 (PDF) Offered on: APRIL 3, 1997 at: 11:49 Status: Adopted
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