Maryland Senate Bill 78 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on May 15 2018 - 100% progression
Action: 2018-05-15 - Approved by the Governor - Chapter 667
Text: Latest bill text (Chaptered) [PDF]

Requiring certain domestic risk retention groups to implement certain governance standards; requiring the boards of directors of certain risk retention groups to have a majority of independent directors; establishing certain standards concerning whether a director is independent; providing that a person is deemed to have a material relationship with a certain risk retention group under certain circumstances; providing that certain persons are not considered independent until after certain events; etc.

Insurance - Risk Retention Groups - Revisions

Senate Finance Committee

2018-03-23 - House - House Floor - Third Reading Passed (137-0) (Y: 138 N: 1 NV: 2 Abs: 8) [PASS]
2018-01-25 - Senate - Senate Floor - Third Reading Passed (44-0) (Y: 45 N: 1 NV: 1 Abs: 5) [PASS]

Date	Chamber	Action
2018-05-15	Senate	Approved by the Governor - Chapter 667
2018-04-02	Senate	Returned Passed
2018-03-30	House	Third Reading Passed (137-0)
2018-03-29	House	Second Reading Passed
2018-03-29	House	Favorable Report Adopted
2018-03-29	House	Favorable Report by Economic Matters
2018-03-21	House	Hearing 3/21 at 1:00 p.m.
2018-01-26	House	First Reading Economic Matters
2018-01-25	Senate	Third Reading Passed (44-0)
2018-01-23	Senate	Second Reading Passed with Amendments
2018-01-23	Senate	Favorable with Amendments {157374/1 Report Adopted
2018-01-22	Senate	Favorable with Amendments Report by Finance
2018-01-18	Senate	Hearing 1/18 at 1:00 p.m.
2018-01-10	Senate	First Reading Finance
2017-09-20	Senate	Pre-filed

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0078?ys=2018rs
Text	https://mgaleg.maryland.gov/2018RS/bills/sb/sb0078f.pdf
Text	https://mgaleg.maryland.gov/2018RS/bills/sb/sb0078t.pdf
Text	https://mgaleg.maryland.gov/2018RS/Chapters_noln/CH_667_sb0078t.pdf
Amendment	https://mgaleg.maryland.gov/2018RS/amds/bil_0008/sb0078_15737401.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/fnotes/bil_0008/sb0078.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/votes/Senate/0016.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/votes_comm/sb0078_fin.pdf
Roll Call	https://mgaleg.maryland.gov/2018RS/votes/Senate/0085.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/votes_comm/sb0078_ecm.pdf
Roll Call	https://mgaleg.maryland.gov/2018RS/votes/House/0969.pdf