MD SB229 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 9 2024 - 100% progression
Action: 2024-04-09 - Approved by the Governor - Chapter 120
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Committee Bill
Status: Passed on April 9 2024 - 100% progression
Action: 2024-04-09 - Approved by the Governor - Chapter 120
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering the maximum civil penalty to which an unauthorized insurer or person that violates certain provisions of State insurance law is subject for each violation; and altering the maximum civil penalty that the Maryland Insurance Commissioner may impose, in addition to suspending or revoking the license, on the holder of an insurance producer license or a public adjuster licensee for each violation of State insurance law.
Title
Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Sponsors
Roll Calls
2024-04-02 - House - Third Reading Passed (Y: 100 N: 36 NV: 2 Abs: 3) [PASS]
2024-02-08 - Senate - Third Reading Passed (Y: 44 N: 0 NV: 0 Abs: 3) [PASS]
2024-02-08 - Senate - Third Reading Passed (Y: 44 N: 0 NV: 0 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-09 | Senate | Approved by the Governor - Chapter 120 |
| 2024-04-03 | Senate | Returned Passed |
| 2024-04-02 | House | Third Reading Passed (100-36) |
| 2024-03-28 | House | Second Reading Passed |
| 2024-03-28 | House | Favorable Adopted |
| 2024-03-28 | House | Favorable Report by Economic Matters |
| 2024-02-12 | House | Referred Economic Matters |
| 2024-02-08 | Senate | Third Reading Passed (44-0) |
| 2024-02-06 | Senate | Second Reading Passed |
| 2024-02-06 | Senate | Favorable Adopted |
| 2024-02-05 | Senate | Favorable Report by Finance |
| 2024-01-09 | Senate | Hearing 1/24 at 1:30 p.m. |
| 2024-01-10 | Senate | First Reading Finance |
| 2023-09-15 | Senate | Pre-filed |
Same As/Similar To
HB67 (Crossfiled) 2024-04-09 - Approved by the Governor - Chapter 119
Subjects
Civil Offenses
Crimes and Punishments
Fines
Health - Insurance
Health Insurance
Insurance
Insurance - Other than Health
Motor Vehicle Insurance
Penalties and Sentences
Crimes and Punishments
Fines
Health - Insurance
Health Insurance
Insurance
Insurance - Other than Health
Motor Vehicle Insurance
Penalties and Sentences
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Insurance | 10 | 126 | (n/a) | See Bill Text |
| Insurance | 10 | 410 | (n/a) | See Bill Text |
| Insurance | 4 | 212 | (n/a) | See Bill Text |
