MD SB8 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 11 2017 - 100% progression
Action: 2017-04-11 - Approved by the Governor - Chapter 36
Text: Latest bill text (Chaptered) [PDF]

Summary

Requiring specified carriers to maintain a risk management framework for specified purposes; requiring specified carriers or specified insurance groups to conduct an own risk and solvency assessment regularly or at any time when there are significant changes to the carrier's or insurance group's risk profile; requiring specified carriers to submit to the Maryland Insurance Commissioner a specified report or reports on request or if the Commissioner is the lead state commissioner of a specified insurance group; etc.

Tracking Information

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Title

Insurance - Risk Management and Own Risk and Solvency Assessment Act

Sponsors


Roll Calls

2017-03-27 - Senate - Senate Floor - Third Reading Passed (44-0) (Y: 44 N: 0 NV: 1 Abs: 2) [PASS]
2017-03-26 - House - House Floor - Third Reading Passed (136-0) (Y: 136 N: 0 NV: 3 Abs: 2) [PASS]
2017-02-23 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-04-11SenateApproved by the Governor - Chapter 36
2017-03-31SenatePassed Enrolled
2017-03-31SenateThird Reading Passed (44-0)
2017-03-31SenateSenate Concur - House Amendments
2017-03-30HouseThird Reading Passed with Amendments (136-0)
2017-03-29HouseSecond Reading Passed with Amendments
2017-03-29HouseFavorable with Amendments {763791/1 Report Adopted
2017-03-29HouseFavorable with Amendments Report by Economic Matters
2017-03-23HouseHearing 3/23 at 1:00 p.m.
2017-03-17HouseHearing canceled
2017-03-22HouseHearing 3/22 at 1:00 p.m.
2017-02-24HouseFirst Reading Economic Matters
2017-02-23SenateThird Reading Passed (47-0)
2017-02-21SenateSecond Reading Passed with Amendments
2017-02-21SenateFavorable with Amendments {277270/1 Report Adopted
2017-02-20SenateFavorable with Amendments Report by Finance
2017-01-18SenateHearing 1/18 at 1:00 p.m.
2017-01-11SenateFirst Reading Finance
2016-09-22SenatePre-filed

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0008?ys=2017rs
Texthttps://mgaleg.maryland.gov/2017RS/bills/sb/sb0008f.pdf
Texthttps://mgaleg.maryland.gov/2017RS/bills/sb/sb0008t.pdf
Texthttps://mgaleg.maryland.gov/2017RS/bills/sb/sb0008e.pdf
Texthttps://mgaleg.maryland.gov/2017RS/Chapters_noln/CH_36_sb0008e.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0008/sb0008_27727001.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0008/sb0008_76379101.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/fnotes/bil_0008/sb0008.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/votes_comm/sb0008_fin.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/votes_comm/sb0008_ecm.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0008,s-0304&stab=02&ys=2017RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0008,s-0941&stab=02&ys=2017RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0008,h-1007&stab=02&ys=2017RS

Bill Comments

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