2026 Regular Session
HB1616
Mutual Insurance Holding Companies - Conversion to Mutual Insurers
Authorizing a mutual insurance holding company that, directly or indirectly, owns 100% of the capital stock of a reorganized stock insurer 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.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Recorded floor votes
2 roll calls are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
March 23, 2026 · House
Third Reading Passed
Passed ⭐ Substantive final action
136 yea–0 nay · 4 not voting · 1 absent
April 8, 2026 · Senate
Third Reading Passed
Passed ⭐ Substantive final action
43 yea–0 nay · 2 not voting · 2 absent
Committee referrals
March 23, 2026 · Senate
Finance
March 17, 2026 · House
Judiciary
March 10, 2026 · House
Economic Matters
February 19, 2026 · House
Rules and Executive Nominations
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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House Approved by the Governor - Chapter 688
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House Returned Passed
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Senate Third Reading Passed (43-0) View roll call
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Senate Second Reading Passed
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Senate Favorable Adopted
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Senate Favorable Report by Finance
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Senate Hearing 3/26 at 1:00 p.m.
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Senate Referred Finance
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House Third Reading Passed (136-0) View roll call
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House Favorable Adopted Second Reading Passed
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House Favorable Report by Judiciary
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House Hearing 3/20 at 1:30 p.m.
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House Hearing canceled
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House Hearing 3/20 at 1:00 p.m.
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House Hearing canceled
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House Hearing 3/19 at 1:00 p.m.
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House Rereferred to Judiciary
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House Rereferred to Economic Matters
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House First Reading House Rules and Executive Nominations