SB0982 — Mutual Insurance Holding Companies - Conversion to Mutual Insurers
Last action — Committee Report (House of Origin) — Favorable
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 15, 2026. Enacted.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Authorizing a mutual insurance holding company 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.
Bill Text
We don't have the full text on file for this bill yet.
Read SB0982 on the official Maryland source →Action History
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Committee Report (House of Origin) — Favorable
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Hearing (Primary, House of Origin)
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First Reading (Opposite House)
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Third Reading (House of Origin) — Passed
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Second Reading (House of Origin) — Passed
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First Reading (House of Origin)
Sponsors
- Senator Cory V. McCray · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 187 not signed on
Sponsors (1)
- Senator Cory V. McCray Democrat
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 13 | 0 | 0 | 1 |
| Democrat | 86 | 0 | 0 | 7 |
| Republican | 33 | 0 | 0 | 1 |
| Total | 132 | 0 | 0 | 9 |
| % of votes cast | 94% | 0% | 0% | 6% |
How each member voted (141)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 0 |
| Democrat | 25 | 0 | 0 | 4 |
| Republican | 12 | 0 | 0 | 0 |
| Total | 43 | 0 | 0 | 4 |
| % of votes cast | 91% | 0% | 0% | 9% |
How each member voted (47)
Subjects
Frequently asked questions
- What does SB0982 do?
- Authorizing a mutual insurance holding company 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.
- Who sponsors SB0982?
- SB0982 is sponsored by Senator Cory V. McCray (Democrat).
- What is the current status of SB0982?
- This bill has been enacted into law. Introduced February 15, 2026. Enacted.
- Where can I track SB0982?
- Track SB0982 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes about 23 hours ago · updated continuously
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