HB1228Introduced in the House of Delegates
Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems
Introduced by Lily Qi, District 15
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Hearing 3/10 at 1:00 p.m. (Ways and Means)
February 17, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
First Reading Judiciary and Health
Hearing 3/05 at 1:00 p.m. (Judiciary)
Reassigned to Ways and Means Health
Hearing canceled (Judiciary)
Hearing 3/10 at 1:00 p.m. (Ways and Means)
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