MD HB608 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Vetoed on May 24 2019 - 100% progression
Action: 2019-05-24 - Vetoed by the Governor (Duplicative)
Text: Latest bill text (Engrossed) [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.

Tracking Information

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Title

Insurance - Principle-Based Reserves

Sponsors


Roll Calls

2019-03-24 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-28 - House - House Floor - Third Reading Passed (139-0) (Y: 140 N: 1 NV: 1 Abs: 7) [PASS]

History

DateChamberAction
2019-05-24HouseVetoed by the Governor (Duplicative)
2019-03-29HouseReturned Passed
2019-03-28SenateThird Reading Passed (47-0)
2019-03-27SenateSecond Reading Passed
2019-03-27SenateFavorable Report Adopted
2019-03-25SenateFavorable Report by Finance
2019-03-01SenateFirst Reading Finance
2019-02-28HouseThird Reading Passed (139-0)
2019-02-26HouseSecond Reading Passed with Amendments
2019-02-26HouseFavorable with Amendments {203399/1 Report Adopted
2019-02-25HouseFavorable with Amendments Report by Economic Matters
2019-02-07HouseHearing 2/14 at 1:00 p.m.
2019-02-06HouseFirst Reading Economic Matters

Subjects


Maryland State Sources


Bill Comments

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