MD SB890 | 2026 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on May 26 2026 - 100% progression
Action: 2026-05-26 - Approved by the Governor - Chapter 638
Text: Latest bill text (Chaptered) [PDF]
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on May 26 2026 - 100% progression
Action: 2026-05-26 - Approved by the Governor - Chapter 638
Text: Latest bill text (Chaptered) [PDF]
Summary
Requiring the Maryland Insurance Administration to conduct a study on the use, regulation, and taxation of captive insurance companies by entities in the State and report its findings and recommendations to the Governor and the Senate Finance Committee and the House Health Committee by January 1, 2027.
Title
Insurance - Captive Insurers - Premium Receipts Tax Study
Sponsors
| Sen. Dawn Gile [D] |
Roll Calls
2026-04-13 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 2 Abs: 0) [PASS]
2026-04-13 - House - Third Reading Passed (Y: 137 N: 0 NV: 3 Abs: 1) [PASS]
2026-03-30 - Senate - Third Reading Passed (Y: 43 N: 0 NV: 1 Abs: 3) [PASS]
2026-04-13 - House - Third Reading Passed (Y: 137 N: 0 NV: 3 Abs: 1) [PASS]
2026-03-30 - Senate - Third Reading Passed (Y: 43 N: 0 NV: 1 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-05-26 | Senate | Approved by the Governor - Chapter 638 |
| 2026-04-13 | Senate | Passed Enrolled |
| 2026-04-13 | Senate | Third Reading Passed (45-0) |
| 2026-04-13 | Senate | Senate Concurs House Amendments |
| 2026-04-13 | House | Third Reading Passed (137-0) |
| 2026-04-10 | House | Second Reading Passed with Amendments |
| 2026-04-10 | House | Favorable with Amendments {983824/1 Adopted |
| 2026-04-10 | House | Favorable with Amendments Report by Ways and Means |
| 2026-04-06 | House | Hearing 4/08 at 1:00 p.m. (Ways and Means) |
| 2026-04-06 | House | Rereferred to Ways and Means and Health |
| 2026-04-02 | House | Hearing canceled |
| 2026-04-01 | House | Hearing 4/06 at 2:00 p.m. |
| 2026-03-31 | House | Referred Rules and Executive Nominations |
| 2026-03-30 | Senate | Third Reading Passed (43-0) |
| 2026-03-26 | Senate | Second Reading Passed with Amendments |
| 2026-03-26 | Senate | Floor Amendment {523529/1 (Senator Gile) Adopted |
| 2026-03-26 | Senate | Motion Special Order until 3/30 (Senator West) Rejected |
| 2026-03-26 | Senate | Floor Amendment {523529/1 (Senator Gile) |
| 2026-03-26 | Senate | Favorable with Amendments {133420/1 Adopted |
| 2026-03-25 | Senate | Motion Special Order until 3/26 (Senator Gile) Adopted |
| 2026-03-25 | Senate | Favorable with Amendments {133420/1 |
| 2026-03-23 | Senate | Motion Special Order until 3/25 (Senator West) Adopted |
| 2026-03-23 | Senate | Favorable with Amendments {133420/1 |
| 2026-03-23 | Senate | Motion Laid Over (Senator West) Adopted |
| 2026-03-23 | Senate | Favorable with Amendments {133420/1 |
| 2026-03-23 | Senate | Favorable with Amendments Report by Finance |
| 2026-02-11 | Senate | Hearing 2/25 at 1:00 p.m. |
| 2026-02-06 | Senate | First Reading Finance |
Same As/Similar To
HB1228 (Crossfiled) 2026-02-17 - Hearing 3/10 at 1:00 p.m. (Ways and Means)
Subjects
Data
Evaluations and Reviews
Exemptions
Health Care Facilities
Health Insurance
Hospitals
Insurance - Other than Health
Insurance Administration
Nonprofit Organizations
Privacy
Reports
Revenue and Taxes
Rules and Regulations
studies
Sunset
Taxes - Miscellaneous
Evaluations and Reviews
Exemptions
Health Care Facilities
Health Insurance
Hospitals
Insurance - Other than Health
Insurance Administration
Nonprofit Organizations
Privacy
Reports
Revenue and Taxes
Rules and Regulations
studies
Sunset
Taxes - Miscellaneous
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Insurance | 4 | 209 | (n/a) | See Bill Text |
| Insurance | 4 | 211 | (n/a) | See Bill Text |
