File Code: Insurance - Other than Health
Crossfiled with: SENATE BILL 251
- Sponsored By:
-
Delegates Doory, Conroy, and Krysiak
- Entitled:
-
Insurance - Loans and Advances Made to Stock Insurers and Mutual
Insurers
Repealing a specified limitation on the interest allowed on a
specified loan or advance made to a stock insurer; requiring that the
instrument evidencing a specified loan or advance be approved in a
specified manner by the Maryland Insurance Commissioner; providing
that a specified loan or advance and any interest on it made to a
mutual insurer is payable only out of the surplus remaining after the
mutual insurer provides for all reserves and other liabilities; etc.
House Action
- 1/31
- First Reading Economic Matters
- 2/8
- Hearing 2/22 at 1:00 p.m.
- 2/27
- Favorable with Amendments Report by Economic Matters
- 2/28
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/2
- Third Reading Passed (140-0)
- 3/31
- Returned Passed
Senate Action
- 3/3
- First Reading Finance
- 3/15
- Hearing 3/28 at 1:00 p.m.
- 3/30
- Favorable Report by Finance
- 3/29
- Special Order 3/31 (Senator Kelley) Adopted
- Favorable Report Adopted
- Second Reading Passed
- 3/30
- Third Reading Passed (33-0)
Action after passage in House and Senate
- 5/26
- Governor vetoed - Duplicative
Sponsored by:
- Delegate Ann Marie Doory, District 43
- Delegate Mary A. Conroy, District 23A
- Delegate Carolyn J. Krysiak, District 46
Bill indexed under the following Subjects:
- INSURANCE ADMINISTRATION
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- INTEREST
- LOANS -see also- MORTGAGES
- SECURITIES
Bill affects the following Statute:
- Insurance
- (
3-116
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments (Displayed in WordPerfect 8 Format):
House
- Number: 123792/01 (PDF) Offered on: February 28, 2006 at:
10:25 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
House
- March 2, 2006: Third Reading Passed (140-0)
Senate
- March 30, 2006: Third Reading Passed (33-0)
