Maryland Senate Bill 530 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 535
Text: Latest bill text (Chaptered) [PDF]

Altering the formula for the calculation of certain assessments by the Maryland Automobile Insurance Fund; requiring the Board of Trustees of the Fund, under certain circumstances, to authorize the Fund to withdraw certain amounts from the money held by the Fund from a prior overassessment; prohibiting members of the Industry Automobile Insurance Association from being subject to an annual assessment under certain circumstances; requiring in a certain fiscal year that additional funds be allocated to the Fund; etc.

Insurance – Maryland Automobile Insurance Fund – Assessments

Sen. Katherine Klausmeier [D]

Sen. Cory McCray [D]

2023-04-10 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2023-04-10 - House - Third Reading Passed (Y: 139 N: 0 NV: 1 Abs: 0) [PASS]
2023-03-29 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2023-05-08	Senate	Approved by the Governor - Chapter 535
2023-04-10	Senate	Passed Enrolled
2023-04-10	Senate	Third Reading Passed (47-0)
2023-04-10	Senate	Senate Concurs House Amendments
2023-04-10	House	Third Reading Passed (139-0)
2023-04-10	House	Second Reading Passed with Amendments
2023-04-10	House	Favorable with Amendments {933029/1 Adopted
2023-04-10	House	Favorable with Amendments Report by Economic Matters
2023-04-05	House	Rereferred to Economic Matters
2023-03-30	House	Referred Rules and Executive Nominations
2023-03-29	Senate	Third Reading Passed (45-0)
2023-03-28	Senate	Second Reading Passed with Amendments
2023-03-28	Senate	Favorable with Amendments {273821/1 Adopted
2023-03-27	Senate	Favorable with Amendments Report by Finance
2023-02-03	Senate	Hearing 2/22 at 1:00 p.m.
2023-02-03	Senate	First Reading Finance

Chapter	Article	Section	Citation Type	Statute Text
Insurance	20	401	(n/a)	See Bill Text
Insurance	20	404	(n/a)	See Bill Text
Insurance	20	405	(n/a)	See Bill Text
Insurance	20	409	(n/a)	See Bill Text
Insurance	20	410	(n/a)	See Bill Text
Transportation	17	106	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0530?ys=2023RS
Text	https://mgaleg.maryland.gov/2023RS/bills/sb/sb0530f.pdf
Text	https://mgaleg.maryland.gov/2023RS/bills/sb/sb0530t.pdf
Text	https://mgaleg.maryland.gov/2023RS/bills/sb/sb0530e.pdf
Text	https://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_535_sb0530e.pdf
Amendment	https://mgaleg.maryland.gov/2023RS/amds/bil_0000/sb0530_27382101.pdf
Amendment	https://mgaleg.maryland.gov/2023RS/amds/bil_0000/sb0530_93302901.pdf
Supplement	https://mgaleg.maryland.gov/2023RS/votes_comm/sb0530_fin.pdf
Supplement	https://mgaleg.maryland.gov/2023RS/votes_comm/sb0530_hru.pdf
Supplement	https://mgaleg.maryland.gov/2023RS/votes_comm/sb0530_ecm.pdf
Roll Call	https://mgaleg.maryland.gov/2023RS/votes/House/1351.pdf
Roll Call	https://mgaleg.maryland.gov/2023RS/votes/Senate/0754.pdf
Roll Call	https://mgaleg.maryland.gov/2023RS/votes/Senate/1304.pdf