2025 Regular SessionMaryland Legislature

SB697: Maryland Automobile Insurance Fund - Premium Discounts - Methodology

Legislative Summary

Requiring that a premium discount provided by the Maryland Automobile Insurance Fund to an insured be based on the income of the insured and actuarially justified.

Demographic Impact

Overall analysis of equity impact

90% Positive
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Bill History

1/30/2025
First Reading Finance
Senate
2/6/2025
Hearing 3/05 at 1:00 p.m.
Senate

Status Information

Current Status
Introduced(1/30/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Democrat: 1

Primary Sponsor

Pamela Beidle
Pamela Beidle
Democrat

Documents

Introduced
Bill Text1/30/202576.5 KB