SB0690 — Property and Casualty Insurance - Distribution of Premium Tax Proceeds to State Disaster Recovery Fund
Last action — Hearing (Primary, House of Origin)
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House of Delegates
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Requiring that $5,000,000 of property and casualty insurance premium tax proceeds be distributed, beginning July 1, 2026, annually to the State Disaster Recovery Fund.
Bill Text
We don't have the full text on file for this bill yet.
Read SB0690 on the official Maryland source →Action History
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Hearing (Primary, House of Origin)
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First Reading (House of Origin)
Sponsors
- Senator Mike McKay · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 187 not signed on
Sponsors (1)
- Senator Mike McKay Republican
Co-sponsors (0)
None.
Not signed on (187)
187 members have not signed on to this bill.
Show all 187 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB0690 do?
- Requiring that $5,000,000 of property and casualty insurance premium tax proceeds be distributed, beginning July 1, 2026, annually to the State Disaster Recovery Fund.
- Who sponsors SB0690?
- SB0690 is sponsored by Senator Mike McKay (Republican).
- What is the current status of SB0690?
- This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
- Where can I track SB0690?
- Track SB0690 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 1 day ago · updated continuously
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