STATE BILLMD SB 982PASSED

Mutual Insurance Holding Companies - Conversion to Mutual Insurers

Authorizing a mutual insurance holding company to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

Status: Passed; Signed or otherwise enacted
Status date: May 26, 2026; 170 days ago
Current chamber: Senate
Session: 2026 Regular Session

MD SB 982 · PassedMay 26

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Bill details

Last action: Approved by the Governor - Chapter 687 · May 26, 2026

Sponsor

CMCory McCraySenator · Democrat · SD-045Primary sponsor

Bill history

Newest first.

May 26, 2026Approved by the Governor - Chapter 687Senate

Apr 13, 2026Returned PassedSenate

Apr 13, 2026Third Reading Passed (132-0)House

Apr 11, 2026Favorable Adopted Second Reading PassedHouse

Apr 11, 2026Favorable Report by JudiciaryHouse

Apr 9, 2026Rereferred to JudiciaryHouse

Apr 8, 2026Referred Rules and Executive NominationsHouse

Apr 8, 2026Third Reading Passed (43-0)Senate

Show 6 earlier actions

Apr 7, 2026Second Reading PassedSenate

Apr 7, 2026Favorable AdoptedSenate

Apr 6, 2026Favorable Report by FinanceSenate

Mar 23, 2026Hearing 3/26 at 1:00 p.m.Senate

Mar 20, 2026Rereferred to FinanceSenate

Feb 15, 2026First Reading Senate RulesSenate

Recorded votes

Third Reading PassedApr 8, 2026 · Senate · 43 yea · 0 nayPassed

Third Reading PassedApr 13, 2026 · House · 132 yea · 0 nayPassed

Subjects

Insurance - Other than Health
Commerce and Business
Hearings
Insurance Administration
Insurance
Notices
Plans and Proposals
Rules and Regulations

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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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