MD HB119 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 29 2022 - 100% progression
Action: 2022-05-29 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 692
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 29 2022 - 100% progression
Action: 2022-05-29 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 692
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering the minimum interest rate from 1% to 0.15%, used to determine minimum nonforfeiture amounts for annuity contracts.
Title
Insurance – Annuities – Nonforfeiture – Interest Rate
Sponsors
Del. Lily Qi [D] |
Roll Calls
2022-03-31 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-17 - House - Third Reading Passed (Y: 125 N: 5 NV: 2 Abs: 9) [PASS]
2022-02-17 - House - Third Reading Passed (Y: 125 N: 5 NV: 2 Abs: 9) [PASS]
History
Date | Chamber | Action |
---|---|---|
2022-05-29 | House | Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 692 |
2022-03-31 | House | Returned Passed |
2022-03-31 | Senate | Third Reading Passed (47-0) |
2022-03-30 | Senate | Favorable Adopted Second Reading Passed |
2022-03-29 | Senate | Favorable Report by Finance |
2022-02-18 | Senate | Referred Finance |
2022-02-17 | House | Third Reading Passed (125-5) |
2022-02-15 | House | Favorable Adopted Second Reading Passed |
2022-02-14 | House | Favorable Report by Health and Government Operations |
2022-01-27 | House | Hearing 1/27 at 4:00 p.m. |
2022-01-27 | House | Hearing canceled |
2022-01-12 | House | Hearing 1/27 at 2:30 p.m. |
2022-01-12 | House | First Reading Health and Government Operations |
2021-09-10 | House | Pre-filed |
Same As/Similar To
SB164 (Crossfiled) 2022-05-29 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 693