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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.

Introduced in House February 19, 2026 House passed March 23, 2026 Senate passed April 8, 2026 Governor approved May 26, 2026

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

View roll call

April 8, 2026 · Senate

Third Reading Passed

Passed ⭐ Substantive final action

43 yea–0 nay · 2 not voting · 2 absent

View roll call

Committee referrals

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.

  1. House Approved by the Governor - Chapter 688
  2. House Returned Passed
  3. Senate Third Reading Passed (43-0) View roll call
  4. Senate Second Reading Passed
  5. Senate Favorable Adopted
  6. Senate Favorable Report by Finance
  7. Senate Hearing 3/26 at 1:00 p.m.
  8. Senate Referred Finance
  9. House Third Reading Passed (136-0) View roll call
  10. House Favorable Adopted Second Reading Passed
  11. House Favorable Report by Judiciary
  12. House Hearing 3/20 at 1:30 p.m.
  13. House Hearing canceled
  14. House Hearing 3/20 at 1:00 p.m.
  15. House Hearing canceled
  16. House Hearing 3/19 at 1:00 p.m.
  17. House Rereferred to Judiciary
  18. House Rereferred to Economic Matters
  19. House First Reading House Rules and Executive Nominations
Source provenance