HOUSE BILL 915

Sponsored By:

Delegate Love

Entitled:

Surety Insurers - Failure to Pay Bail Bond Judgment - Penalties

Synopsis:

Providing that a surety insurer that is precluded or removed from a specified list by a circuit court due to failure to timely resolve or satisfy specified bail bond forfeitures shall be subject to specified penalties; and requiring a clerk of a circuit court to notify the Maryland Insurance Commissioner of the names of specified surety insurers and specified bond forfeitures at a specified time.

History by Legislative and Calendar Date

House Action

2/6

First Reading Economic Matters & Judiciary

2/13

Hearing 2/26 at 1:00 p.m. (Economic Matters)

2/20

Hearing 3/11 at 1:00 p.m. (Judiciary)

2/25

Hearing cancelled (Judiciary)

2/27

Hearing 3/11 at 1:00 p.m. (Judiciary)

3/18

Favorable Report by Economic Matters

3/16

Favorable Report Adopted

Second Reading Passed

3/17

Third Reading Passed (136-0)

3/25

Returned Passed

Senate Action

3/20

First Reading Finance

3/21

Hearing 3/25 at 1:00 p.m. (Finance)

3/27

Favorable Report by Finance

3/25

Favorable Report Adopted

Second Reading Passed

3/26

Third Reading Passed (45-0)

Action after passage in House and Senate

5/22

Vetoed by the Governor (Duplicative)

Bill indexed under the following Subjects:

Bail

Bonds -see also- County & Baltimore City Bonds; State Bonds.

Circuit Courts

Clerks of Court

Insurance Administration

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Notices

Penalties

Bill affects the following Statute:

Insurance

( 21-103 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 17, 2008: Third Reading Passed (136-0)

Senate

March 26, 2008: Third Reading Passed (45-0)