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state_legiscan_drain · MD

Insurance - Captive Insurers - Premium Receipts Tax Study

February 6, 2026

Summary

If enacted, this bill would require the Maryland Insurance Administration to study the use, regulation, and taxation of captive insurance companies in the state and report findings and recommendations by January 1, 2027. The study is informational and does not impose compliance obligations on mortgage lenders, servicers, or other financial institutions.

Source: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0890?ys=2026RS

Common questions

What does "Insurance - Captive Insurers - Premium Receipts Tax Study" cover?
If enacted, this bill would require the Maryland Insurance Administration to study the use, regulation, and taxation of captive insurance companies in the…
When was it published?
It was published on February 6, 2026.

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