STATE BILLMD SB 890PASSED

Insurance - Captive Insurers - Premium Receipts Tax Study

State of Maryland

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.

Status
Passed
Signed or otherwise enacted
Status date
May 26, 2026
170 days ago
Current chamber
Senate
Session
2026 Regular Session
MD SB 890 · PassedMay 26

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Bill details

Last action
Approved by the Governor - Chapter 638 · May 26, 2026

Sponsor

DGDawn GileSenator · Democrat · SD-033Primary sponsor

Bill history

Newest first.

May 26, 2026Approved by the Governor - Chapter 638Senate
Apr 13, 2026Passed EnrolledSenate
Apr 13, 2026Third Reading Passed (45-0)Senate
Apr 13, 2026Senate Concurs House AmendmentsSenate
Apr 13, 2026Third Reading Passed (137-0)House
Apr 10, 2026Second Reading Passed with AmendmentsHouse
Apr 10, 2026Favorable with Amendments {983824/1 AdoptedHouse
Apr 10, 2026Favorable with Amendments Report by Ways and MeansHouse
Show 20 earlier actions
Apr 6, 2026Hearing 4/08 at 1:00 p.m. (Ways and Means)House
Apr 6, 2026Rereferred to Ways and Means and HealthHouse
Apr 2, 2026Hearing canceledHouse
Apr 1, 2026Hearing 4/06 at 2:00 p.m.House
Mar 31, 2026Referred Rules and Executive NominationsHouse
Mar 30, 2026Third Reading Passed (43-0)Senate
Mar 26, 2026Second Reading Passed with AmendmentsSenate
Mar 26, 2026Floor Amendment {523529/1 (Senator Gile) AdoptedSenate
Mar 26, 2026Motion Special Order until 3/30 (Senator West) RejectedSenate
Mar 26, 2026Floor Amendment {523529/1 (Senator Gile)Senate
Mar 26, 2026Favorable with Amendments {133420/1 AdoptedSenate
Mar 25, 2026Motion Special Order until 3/26 (Senator Gile) AdoptedSenate
Mar 25, 2026Favorable with Amendments {133420/1Senate
Mar 23, 2026Motion Special Order until 3/25 (Senator West) AdoptedSenate
Mar 23, 2026Favorable with Amendments {133420/1Senate
Mar 23, 2026Motion Laid Over (Senator West) AdoptedSenate
Mar 23, 2026Favorable with Amendments {133420/1Senate
Mar 23, 2026Favorable with Amendments Report by FinanceSenate
Feb 11, 2026Hearing 2/25 at 1:00 p.m.Senate
Feb 6, 2026First Reading FinanceSenate

Recorded votes

Third Reading PassedMar 30, 2026 · Senate · 43 yea · 0 nayPassed
Third Reading PassedApr 13, 2026 · House · 137 yea · 0 nayPassed
Third Reading PassedApr 13, 2026 · Senate · 45 yea · 0 nayPassed

Subjects

  • Insurance - Other than Health
  • Taxes - Miscellaneous
  • Exemptions
  • Health Care Facilities
  • Health Insurance
  • Hospitals
  • Insurance Administration
  • Nonprofit Organizations
  • Data
  • Evaluations and Reviews
  • Privacy
  • Reports
  • Revenue and Taxes
  • Rules and Regulations
  • studies
  • Sunset

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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