SENATE BILL 571

Sponsored By:

Senator Astle

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

Senate Action

2/1

First Reading Finance

2/6

Hearing 2/27 at 1:00 p.m. (Finance)

3/4

Favorable Report by Finance

3/5

Favorable Report Adopted

Second Reading Passed

3/7

Third Reading Passed (45-0)

3/31

Returned Passed

House Action

3/10

First Reading Economic Matters & Judiciary

3/14

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

3/17

Hearing 3/27 at 1:00 p.m. (Economic Matters)

3/19

Hearing cancelled

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

3/26

Hearing cancelled

Hearing 3/27 at 1:00 p.m. (Economic Matters)

4/2

Favorable Report by Economic Matters

3/27

Favorable Report Adopted

Second Reading Passed

3/28

Third Reading Passed (141-0)

Action after passage in Senate and House

4/24

Approved by the Governor

- Chapter 192

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, Chapter

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

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

March 7, 2008: Third Reading Passed (45-0)

House

March 28, 2008: Third Reading Passed (141-0)