HB 1616 — Maryland
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.
Latest action: Approved by the Governor - Chapter 688 · May 26, 2026
Synopsis written by the legislature's own staff, as published on the official bill page. Status label is derived from the recorded actions. The full text below is the record.
Committees: Judiciary (House of Delegates); Finance (Senate)
Updated Jun 4, 2026
Timeline
First Reading House Rules and Executive Nominations
Feb 19, 2026 · House of Delegates
Rereferred to Economic Matters
Mar 10, 2026 · House of Delegates
Rereferred to Judiciary
Mar 17, 2026 · House of Delegates
Hearing 3/19 at 1:00 p.m.
Mar 17, 2026 · House of Delegates
Hearing canceled
Mar 17, 2026 · House of Delegates
Hearing 3/20 at 1:00 p.m.
Mar 17, 2026 · House of Delegates
Hearing canceled
Mar 20, 2026 · House of Delegates
Hearing 3/20 at 1:30 p.m.
Mar 20, 2026 · House of Delegates
Favorable Report by Judiciary
Mar 21, 2026 · House of Delegates
Favorable Adopted Second Reading Passed
Mar 21, 2026 · House of Delegates
Third Reading Passed
Mar 23, 2026 · House of Delegates
Referred Finance
Mar 23, 2026 · Senate
Hearing 3/26 at 1:00 p.m.
Mar 24, 2026 · Senate
Favorable Report by Finance
Apr 6, 2026 · Senate
Favorable Adopted
Apr 7, 2026 · Senate
Second Reading Passed
Apr 7, 2026 · Senate
Third Reading Passed
Apr 8, 2026 · Senate
Returned Passed
Apr 9, 2026 · House of Delegates
Approved by the Governor - Chapter 688
May 26, 2026 · executive
Sponsored by Mike Rogers
House of Delegates vote — 136–0
On Third Reading · Mar 11, 2026 · result: pass
136 yea · 0 nay · 5 absent, excused, abstain or not voting
Senate vote — 43–0
On Third Reading · Mar 20, 2026 · result: pass
43 yea · 0 nay · 4 absent, excused, abstain or not voting
Official records. Maryland legislators, bills and roll-call votes from the Maryland General Assembly, imported through Open States on Oct 27, 2026 (partial import — not yet the full session). Accuracy review against the official site is still under way. Campaign-finance records for Maryland are not imported yet.