MD SB648 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 4 2019 - 25% progression, died in committee
Action: 2019-02-11 - Hearing 3/08 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 4 2019 - 25% progression, died in committee
Action: 2019-02-11 - Hearing 3/08 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Providing for the exemption of certain money and assets under certain retirement plans from certain claims; prohibiting the transfer or assumption of certain retirement annuity contracts between certain insurers except under certain circumstances; requiring the prior approval of the Maryland Insurance Commissioner before transferring certain annuity contracts to certain assuming insurers; authorizing the Commissioner to impose certain penalties for certain violations; etc.
Title
Insurance - Group Retirement Annuities - Protections
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-02-11 | Senate | Hearing 3/08 at 1:00 p.m. |
2019-02-04 | Senate | First Reading Finance |
Subjects
Claims
Debt Management
Insurance
Insurance - Other than Health
Insurance Administration
Penalties and Sentences
Private Sector Labor and Industry
Retirement Systems
Debt Management
Insurance
Insurance - Other than Health
Insurance Administration
Penalties and Sentences
Private Sector Labor and Industry
Retirement Systems