Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems
Hearing (House)
Summary
The bill removes the state premium receipts tax on captive insurance that nonprofit hospitals and health‑care systems legally purchase in Maryland. It also stops the Maryland Insurance Administration from charging any related fees, penalties, or interest for those premiums before the law takes effect. The change aims to reduce costs for nonprofit health providers.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 1228
3 free questions a day, no accountHearings
- Ways and Means — Bill HearingWays and Means · Mar 10, 2026
History
- Hearing 3/10 at 1:00 p.m. (Ways and Means)
- Reassigned to Ways and Means Health
- Hearing canceled (Judiciary)
- Hearing 3/05 at 1:00 p.m. (Judiciary)
- First Reading Judiciary and Health
Sponsors
- Qi · sponsor
Similar bills in other states
Loading the map of where bills like this one were filed.
Topics
Share
Writing about this bill? Add a live status widget to your site or newsletter. It updates as the bill moves.
Track this bill
Get an email when HB 1228 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 1228 freeOr ask your AI assistant about HB 1228 directly:
Add to Claude, ChatGPT or Cursor