| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. | |
| 4 | 4 | [Brackets] indicate matter deleted from existing law. | |
| 5 | - | Underlining indicates amendments to bill. | |
| 6 | - | Strike out indicates matter stricken from the bill by amendment or deleted from the law by | |
| 7 | - | amendment. | |
| 8 | 5 | *sb0102* | |
| 9 | 6 | ||
| 10 | 7 | SENATE BILL 102 | |
| 11 | 8 | L6, C4 5lr1217 | |
| 12 | 9 | (PRE–FILED) CF HB 100 | |
| 13 | 10 | By: Senator Gile | |
| 14 | 11 | Requested: October 15, 2024 | |
| 15 | 12 | Introduced and read first time: January 8, 2025 | |
| 16 | 13 | Assigned to: Finance | |
| 17 | - | Committee Report: Favorable | |
| 18 | - | Senate action: Adopted | |
| 19 | - | Read second time: February 2, 2025 | |
| 20 | 14 | ||
| 21 | - | ||
| 15 | + | A BILL ENTITLED | |
| 22 | 16 | ||
| 23 | 17 | AN ACT concerning 1 | |
| 24 | 18 | ||
| 25 | 19 | Insurance Pooling – Public Entity – Definition 2 | |
| 26 | 20 | ||
| 27 | 21 | FOR the purpose of altering the definition of “public entity” to include a Resilience 3 | |
| 28 | 22 | Authority for purposes of insurance pooling; and generally relating to Resilience 4 | |
| 29 | 23 | Authorities and insurance pooling. 5 | |
| 30 | 24 | ||
| 31 | 25 | BY repealing and reenacting, with amendments, 6 | |
| 32 | 26 | Article – Insurance 7 | |
| 33 | 27 | Section 19–602 8 | |
| 34 | 28 | Annotated Code of Maryland 9 | |
| 35 | 29 | (2017 Replacement Volume and 2024 Supplement) 10 | |
| 36 | 30 | ||
| 37 | 31 | BY repealing and reenacting, without amendments, 11 | |
| 38 | 32 | Article – Local Government 12 | |
| 39 | 33 | Section 22–101(a) and (g) 13 | |
| 40 | 34 | Annotated Code of Maryland 14 | |
| 41 | 35 | (2013 Volume and 2024 Supplement) 15 | |
| 42 | 36 | ||
| 43 | 37 | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 16 | |
| 44 | 38 | That the Laws of Maryland read as follows: 17 | |
| 45 | 39 | ||
| 46 | 40 | Article – Insurance 18 | |
| 47 | 41 | ||
| 48 | - | 19–602. 19 2 SENATE BILL 102 | |
| 42 | + | 19–602. 19 | |
| 43 | + | ||
| 44 | + | (a) In this section, “public entity” means: 20 | |
| 45 | + | ||
| 46 | + | (1) a political subdivision of the State; 21 | |
| 47 | + | 2 SENATE BILL 102 | |
| 49 | 48 | ||
| 50 | 49 | ||
| 50 | + | (2) a unit of the State or a local government; [or] 1 | |
| 51 | 51 | ||
| 52 | - | ( | |
| 52 | + | (3) a nonprofit or nonstock corporation that: 2 | |
| 53 | 53 | ||
| 54 | - | (1) a political subdivision of the State; 2 | |
| 54 | + | (i) receives 50% or more of its annual operating budget from the 3 | |
| 55 | + | State or a local government; and 4 | |
| 55 | 56 | ||
| 56 | - | (2) a unit of the State or a local government; [or] 3 | |
| 57 | + | (ii) is exempt from taxation under § 501(c)(3) or (4) of the Internal 5 | |
| 58 | + | Revenue Code; OR 6 | |
| 57 | 59 | ||
| 58 | - | (3) a nonprofit or nonstock corporation that: 4 | |
| 60 | + | (4) A RESILIENCE AUTHORITY AS DEFINED IN § 22–101 OF THE 7 | |
| 61 | + | LOCAL GOVERNMENT ARTICLE. 8 | |
| 59 | 62 | ||
| 60 | - | ( | |
| 61 | - | ||
| 63 | + | (b) Public entities may pool together to purchase casualty insurance, property 9 | |
| 64 | + | insurance, or health insurance or to self–insure against casualty, property, or health risks. 10 | |
| 62 | 65 | ||
| 63 | - | (ii) is exempt from taxation under § 501(c)(3) or (4) of the Internal 7 | |
| 64 | - | Revenue Code; OR 8 | |
| 66 | + | Article – Local Government 11 | |
| 65 | 67 | ||
| 66 | - | (4) A RESILIENCE AUTHORITY AS DEFINED IN § 22–101 OF THE 9 | |
| 67 | - | LOCAL GOVERNMENT ARTICLE. 10 | |
| 68 | + | 22–101. 12 | |
| 68 | 69 | ||
| 69 | - | (b) Public entities may pool together to purchase casualty insurance, property 11 | |
| 70 | - | insurance, or health insurance or to self–insure against casualty, property, or health risks. 12 | |
| 70 | + | (a) In this title the following words have the meanings indicated. 13 | |
| 71 | 71 | ||
| 72 | - | Article – Local Government 13 | |
| 72 | + | (g) “Resilience Authority” means an authority incorporated by one or more local 14 | |
| 73 | + | governments in accordance with this title whose purpose is to undertake or support 15 | |
| 74 | + | resilience infrastructure projects. 16 | |
| 73 | 75 | ||
| 74 | - | 22–101. 14 | |
| 76 | + | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 17 | |
| 77 | + | October 1, 2025. 18 | |
| 75 | 78 | ||
| 76 | - | (a) In this title the following words have the meanings indicated. 15 | |
| 77 | - | ||
| 78 | - | (g) “Resilience Authority” means an authority incorporated by one or more local 16 | |
| 79 | - | governments in accordance with this title whose purpose is to undertake or support 17 | |
| 80 | - | resilience infrastructure projects. 18 | |
| 81 | - | ||
| 82 | - | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 19 | |
| 83 | - | October 1, 2025. 20 | |
| 84 | - | ||
| 85 | - | ||
| 86 | - | ||
| 87 | - | ||
| 88 | - | Approved: | |
| 89 | - | ________________________________________________________________________________ | |
| 90 | - | Governor. | |
| 91 | - | ________________________________________________________________________________ | |
| 92 | - | President of the Senate. | |
| 93 | - | ________________________________________________________________________________ | |
| 94 | - | Speaker of the House of Delegates. |