MD SB573 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 12 2015 - 100% progression
Action: 2015-05-12 - Approved by the Governor - Chapter 367
Text: Latest bill text (Chaptered) [PDF]

Summary

Establishing requirements relating to the reserves and opinions relating to the reserves for specified life insurance policies, accident and health insurance contracts, and deposit-type contracts issued by specified companies on or after the operative date of a specified valuation manual; authorizing the Maryland Insurance Commissioner to exempt a domestic company from specified reserve requirements and specified information submission requirements under specified circumstances; etc.

Tracking Information

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Title

Insurance - Standard Valuation Law and Reserve and Nonforfeiture Requirements

Sponsors


Roll Calls

2015-04-02 - House - House Floor - Third Reading Passed (138-0) (Y: 138 N: 0 NV: 2 Abs: 1) [PASS]
2015-03-21 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2015-05-12SenateApproved by the Governor - Chapter 367
2015-04-09SenateReturned Passed
2015-04-08HouseThird Reading Passed (138-0)
2015-04-07HouseSecond Reading Passed
2015-04-07HouseFavorable Report Adopted
2015-04-06HouseFavorable Report by Health and Government Operations
2015-04-02HouseHearing 4/02 at 1:00 p.m.
2015-03-25HouseFirst Reading Health and Government Operations
2015-03-24SenateThird Reading Passed (47-0)
2015-03-20SenateSecond Reading Passed with Amendments
2015-03-20SenateFavorable with Amendments {317272/1 Report Adopted
2015-03-20SenateFavorable with Amendments Report by Finance
2015-03-04SenateHearing 3/04 at 1:00 p.m.
2015-02-06SenateFirst Reading Finance

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0573?ys=2015rs
Texthttps://mgaleg.maryland.gov/2015RS/bills/sb/sb0573f.pdf
Texthttps://mgaleg.maryland.gov/2015RS/bills/sb/sb0573t.pdf
Texthttps://mgaleg.maryland.gov/2015RS/Chapters_noln/CH_367_sb0573t.pdf
Amendmenthttps://mgaleg.maryland.gov/2015RS/amds/bil_0003/sb0573_31727201.pdf
Supplementhttps://mgaleg.maryland.gov/2015RS/fnotes/bil_0003/sb0573.pdf
Supplementhttps://mgaleg.maryland.gov/2015RS/votes_comm/sb0573_fin.pdf
Supplementhttps://mgaleg.maryland.gov/2015RS/votes_comm/sb0573_hgo.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0573,s-0540&stab=02&ys=2015RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0573,h-0856&stab=02&ys=2015RS

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