MD SB552 | 2021 | Regular Session
Note: Carry Over of previous SB17
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 26 2021 - 25% progression, died in chamber
Action: 2021-03-18 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 26 2021 - 25% progression, died in chamber
Action: 2021-03-18 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting an insurer, with respect to private passenger motor vehicle insurance, from rating a risk based, in whole or in part, on the credit history of an applicant or insured in any manner; repealing certain provisions of law authorizing an insurer to use the credit history of an applicant or insured to rate a new policy of private passenger motor vehicle insurance; applying the Act to all private passenger motor vehicle insurance policies issued, delivered, or renewed in the State on or after October 1, 2021; etc.
Title
Motor Vehicle Insurance Use of Credit History Rating Policy
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-03-18 | Senate | Withdrawn by Sponsor |
2021-01-26 | Senate | Hearing 2/17 at 1:00 p.m. |
2021-01-26 | Senate | First Reading Finance |
Same As/Similar To
HB168 (Crossfiled) 2021-03-17 - Unfavorable Report by Economic Matters
SB17 (Carry Over) 2020-01-17 - Hearing 1/29 at 2:45 p.m.
SB17 (Carry Over) 2020-01-17 - Hearing 1/29 at 2:45 p.m.