Maryland House Bill 782 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 3 2017 - 25% progression, died in committee
Action: 2017-02-16 - Hearing 2/16 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]

Providing that a federal home loan bank may not be stayed or prohibited from exercising specified rights with respect to specified collateral of a specified insurer-member after the seventh day following the filing of a delinquency proceeding; requiring a federal home loan bank to repurchase specified outstanding capital stock of a specified insurer-member under specified circumstances; requiring a federal home loan bank to establish a specified timeline and process within 10 business days after a request from a receiver; etc.

Insurance - Impaired Entities - Delinquency Proceedings

Sen. Benjamin Kramer [D]

Date	Chamber	Action
2017-02-16	House	Hearing 2/16 at 1:00 p.m.
2017-02-03	House	First Reading Economic Matters

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0782?ys=2017rs
Text	https://mgaleg.maryland.gov/2017RS/bills/hb/hb0782f.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/fnotes/bil_0002/hb0782.pdf