MD SB227 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 30 2019 - 100% progression
Action: 2019-04-30 - Approved by the Governor - Chapter 245
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 30 2019 - 100% progression
Action: 2019-04-30 - Approved by the Governor - Chapter 245
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering the exemptions that the Maryland Insurance Commissioner may provide to certain domestic insurance companies from certain reserve requirements; authorizing the Commissioner to exempt a certain domestic insurance company from certain requirements if the company meets the life principle-based reserve exemption criteria in the valuation manual; and repealing certain exemptions to certain reserve requirements.
Title
Insurance - Principle-Based Reserves
Sponsors
Roll Calls
2019-04-02 - House - House Floor - Third Reading Passed (135-0) (Y: 135 N: 0 NV: 3 Abs: 3) [PASS]
2019-02-22 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 47 N: 1 NV: 1 Abs: 2) [PASS]
2019-02-22 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 47 N: 1 NV: 1 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-04-30 | Senate | Approved by the Governor - Chapter 245 |
| 2019-04-08 | Senate | Returned Passed |
| 2019-04-08 | House | Third Reading Passed (135-0) |
| 2019-04-08 | House | Second Reading Passed |
| 2019-04-08 | House | Favorable Report Adopted |
| 2019-04-08 | House | Favorable Report by Economic Matters |
| 2019-02-25 | House | First Reading Economic Matters |
| 2019-02-22 | Senate | Third Reading Passed (46-0) |
| 2019-02-20 | Senate | Second Reading Passed with Amendments |
| 2019-02-20 | Senate | Favorable with Amendments {337176/1 Report Adopted |
| 2019-02-19 | Senate | Favorable with Amendments Report by Finance |
| 2019-01-28 | Senate | Hearing 2/13 at 1:00 p.m. |
| 2019-01-24 | Senate | First Reading Finance |
