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HB 1228

Maryland House of Delegates bill in Session 2026.

Status: introduced. Latest action: April 17, 2026.

Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems.

Bill ID MD-2026-HB-1228
Session 2026
Status introduced
Committee Ways and Means; Health
House of Delegates introduced 2026-04-17
Summary

Exempting premiums on lawfully procured captive insurance by nonprofit hospitals and health care systems located in the State from the State insurance premium receipts tax imposed on unauthorized insurers and persons insured by unauthorized insurers; and prohibiting the Maryland Insurance Administration from charging or collecting a certain tax or certain fees, penalties, or interest from certain unauthorized insurers and certain insureds.

Sponsor
Delegate Qi
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-11 Introduced Bill introduced
2026-02-11 Status introduced
2026-04-17 Latest Action In the House - Hearing 3/10 at 1:00 p.m. (Ways and Means)
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