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MD SB102

Bill

Status

Passed

5/6/2025

Primary Sponsor

Dawn Gile

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Expands the definition of "public entity" in Maryland insurance law to include Resilience Authorities, which are entities incorporated by local governments to undertake or support resilience infrastructure projects

  • Enables Resilience Authorities to participate in insurance pooling arrangements with other public entities to purchase casualty, property, or health insurance

  • Allows Resilience Authorities to self-insure against casualty, property, or health risks through pooling with other government entities

  • Amends Section 19–602 of the Insurance Article of the Annotated Code of Maryland

  • Takes effect October 1, 2025

Legislative Description

Insurance Pooling - Public Entity - Definition

Insurance

Last Action

Approved by the Governor - Chapter 350

5/6/2025

Committee Referrals

Environment and Transportation2/14/2025
Finance1/8/2025

Full Bill Text

No bill text available