Maryland House Bill 252 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 9 2024 - 100% progression
Action: 2024-04-09 - Approved by the Governor - Chapter 121
Text: Latest bill text (Chaptered) [PDF]

Requiring certain controlling persons of certain insurers in an insurance holding company system to file an annual group calculation as directed by the lead state commissioner of the insurance group; requiring certain controlling persons of certain insurers in an insurance holding company system to file the results of a liquidity stress test for specific data years; providing that certain information is confidential; and authorizing and requiring the Commissioner to take certain actions related to certain information.

Insurance - Holding Companies - Group Capital Calculation and Liquidity Stress Test

House Economic Matters Committee

2024-03-27 - Senate - Third Reading Passed (Y: 36 N: 10 NV: 0 Abs: 1) [PASS]
2024-03-13 - House - Third Reading Passed (Y: 120 N: 15 NV: 2 Abs: 4) [PASS]

Date	Chamber	Action
2024-04-09	House	Approved by the Governor - Chapter 121
2024-03-28	House	Returned Passed
2024-03-27	Senate	Third Reading Passed (36-10)
2024-03-26	Senate	Second Reading Passed
2024-03-26	Senate	Favorable Adopted
2024-03-25	Senate	Favorable Report by Finance
2024-03-15	Senate	Hearing 3/19 at 1:00 p.m.
2024-03-14	Senate	Referred Finance
2024-03-13	House	Third Reading Passed (120-15)
2024-03-12	House	Second Reading Passed with Amendments
2024-03-12	House	Favorable with Amendments {343024/1 Adopted
2024-03-12	House	Favorable with Amendments Report by Economic Matters
2024-01-11	House	Hearing 2/01 at 1:00 p.m.
2024-01-10	House	First Reading Economic Matters
2023-09-15	House	Pre-filed

Chapter	Article	Section	Citation Type	Statute Text
Insurance	7	101	(n/a)	See Bill Text
Insurance	7	106	(n/a)	See Bill Text
Insurance	7	603	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0252?ys=2024RS
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb0252f.pdf
Text	https://mgaleg.maryland.gov/2024RS/bills/hb/hb0252t.pdf
Text	https://mgaleg.maryland.gov/2024RS/Chapters_noln/CH_121_hb0252t.pdf
Amendment	https://mgaleg.maryland.gov/2024RS/amds/bil_0002/hb0252_34302401.pdf
Supplement	https://mgaleg.maryland.gov/2024RS/votes_comm/hb0252_ecm.pdf
Supplement	https://mgaleg.maryland.gov/2024RS/votes_comm/hb0252_fin.pdf
Roll Call	https://mgaleg.maryland.gov/2024RS/votes/House/0425.pdf
Roll Call	https://mgaleg.maryland.gov/2024RS/votes/Senate/0880.pdf