MD HB1483 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 15 2024 - 25% progression
Action: 2024-03-06 - Hearing 3/11 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring, before the Board of Directors of the Industry Automobile Insurance Association authorizes the Maryland Automobile Insurance Fund to withdraw certain amounts, that the Maryland Insurance Commissioner approve a certain certification of a certain assessment to be made on certain private passenger auto and commercial insurance carriers due to a certain loss of the Fund; and requiring the Commissioner to make a certain decision regarding certain assessment allocation percentages within 30 days.

Tracking Information

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Title

Insurance - Maryland Automobile Insurance Fund - Assessments

Sponsors


History

DateChamberAction
2024-03-06HouseHearing 3/11 at 1:00 p.m.
2024-03-04HouseRereferred to Economic Matters
2024-02-15HouseFirst Reading House Rules and Executive Nominations

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Insurance20404(n/a)See Bill Text
Insurance20405(n/a)See Bill Text
Insurance20406(n/a)See Bill Text
Insurance20407(n/a)See Bill Text
Insurance20408(n/a)See Bill Text

Maryland State Sources


Bill Comments

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