MD SB777 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 2 2013 - 100% progression
Action: 2013-05-02 - Approved by the Governor - Chapter 321
Text: Latest bill text (Chaptered) [PDF]

Summary

Requiring that a domestic ceding insurer be allowed credit for reinsurance in specified manners under specified circumstances; providing for specified credit to be allowed under specified circumstances depending on the licensure or authorization status and accreditation status of the assuming insurer; establishing requirements and procedures for an assuming reinsurer to be accredited by the Maryland Insurance Commissioner; etc.

Tracking Information

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Title

Insurance - Ceding Insurers and Reinsurance

Sponsors


Roll Calls

2013-03-27 - House - House Floor - Third Reading Passed (140-0) (Y: 140 N: 0 NV: 0 Abs: 1) [PASS]
2013-03-21 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2013-05-02SenateApproved by the Governor - Chapter 321
2013-04-03SenateReturned Passed
2013-04-02HouseThird Reading Passed (140-0)
2013-03-29HouseSecond Reading Passed
2013-03-29HouseFavorable Report Adopted
2013-03-29HouseFavorable Report by Economic Matters
2013-03-26HouseFirst Reading Economic Matters
2013-03-25SenateThird Reading Passed (47-0)
2013-03-22SenateSecond Reading Passed with Amendments
2013-03-22SenateFavorable with Amendments {477976/1 Report Adopted
2013-03-22SenateFavorable with Amendments Report by Finance
2013-02-26SenateHearing 2/26 at 1:00 p.m.
2013-02-01SenateFirst Reading Finance

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0777?ys=2013rs
Texthttps://mgaleg.maryland.gov/2013RS/bills/sb/sb0777f.pdf
Texthttps://mgaleg.maryland.gov/2013RS/bills/sb/sb0777t.pdf
Texthttps://mgaleg.maryland.gov/2013RS/Chapters_noln/CH_321_sb0777t.pdf
Amendmenthttps://mgaleg.maryland.gov/2013RS/amds/bil_0007/sb0777_47797601.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/fnotes/bil_0007/sb0777.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/votes_comm/sb0777_fin.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/votes_comm/sb0777_ecm.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0777,s-0747&stab=02&ys=2013RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0777,h-0829&stab=02&ys=2013RS

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