Maryland House Bill 504 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 30 2021 - 100% progression
Action: 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 765
Text: Latest bill text (Chaptered) [PDF]

Providing that a federal home loan bank may not be stayed or prohibited from exercising certain rights with respect to certain collateral of a certain insurer-member after the 14th day following the filing of a delinquency proceeding; requiring a federal home loan bank to repurchase certain outstanding capital stock of a certain insurer-member under certain circumstances; requiring a federal home loan bank to establish a certain timeline and process within 10 business days after a request from a receiver; etc.

Insurance - Impaired Entities - Delinquency Proceedings

Del. Kathleen Dumais [D]

2021-03-29 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-26 - House - Third Reading Passed (Y: 135 N: 0 NV: 3 Abs: 3) [PASS]

Date	Chamber	Action
2021-05-30	House	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 765
2021-03-30	House	Returned Passed
2021-03-29	Senate	Third Reading Passed (47-0)
2021-03-26	Senate	Favorable Adopted Second Reading Passed
2021-03-26	Senate	Favorable Report by Finance
2021-03-02	Senate	Referred Finance
2021-02-26	House	Third Reading Passed (135-0)
2021-02-25	House	Favorable Adopted Second Reading Passed
2021-02-23	House	Favorable Report by Economic Matters
2021-01-18	House	Hearing 1/26 at 1:30 p.m.
2021-01-15	House	First Reading Economic Matters

SB458 (Crossfiled) 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 766

Chapter	Article	Section	Citation Type	Statute Text
Insurance	9	201	(n/a)	See Bill Text
Insurance	9	215	(n/a)	See Bill Text
Insurance	9	221	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0504?ys=2021RS
Text	https://mgaleg.maryland.gov/2021RS/bills/hb/hb0504f.pdf
Text	https://mgaleg.maryland.gov/2021RS/bills/hb/hb0504t.pdf
Text	https://mgaleg.maryland.gov/2021RS/Chapters_noln/CH_765_hb0504t.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/hb0504_ecm.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/hb0504_fin.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/House/0220.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/Senate/0725.pdf