Maryland Senate Bill 458 (Prior Session Legislation)

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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 766
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

Sen. Brian Feldman [D]

2021-03-30 - House - Third Reading Passed (Y: 134 N: 0 NV: 2 Abs: 5) [PASS]
2021-02-24 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2021-05-30	Senate	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 766
2021-03-31	Senate	Returned Passed
2021-03-30	House	Third Reading Passed (134-0)
2021-03-30	House	Favorable Adopted Second Reading Passed
2021-03-28	House	Favorable Report by Economic Matters
2021-02-25	House	Referred Economic Matters
2021-02-24	Senate	Third Reading Passed (45-0)
2021-02-23	Senate	Second Reading Passed
2021-02-23	Senate	Favorable Adopted
2021-02-19	Senate	Favorable Report by Finance
2021-01-22	Senate	Hearing 2/10 at 1:00 p.m.
2021-01-20	Senate	First Reading Finance

HB504 (Crossfiled) 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 765

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/SB0458?ys=2021RS
Text	https://mgaleg.maryland.gov/2021RS/bills/sb/sb0458f.pdf
Text	https://mgaleg.maryland.gov/2021RS/bills/sb/sb0458t.pdf
Text	https://mgaleg.maryland.gov/2021RS/Chapters_noln/CH_766_sb0458t.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/sb0458_fin.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/sb0458_ecm.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/Senate/0268.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/House/0905.pdf