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MarylandSB 08902026 Regular SessionSenate

Insurance - Captive Insurers - Premium Receipts Tax Study

Sponsored By: Dawn Gile (Democratic)

Signed by Governor

Insurance - Other than HealthTaxes - MiscellaneousData -see also- Census; DemographicsEvaluations and ReviewsExemptionsHealth Care Facilities -see also- Clinics; Hospices; etcHealth Insurance -see also- ACA; HMOs; MCOsHospitals -see also- Clinics; State HospitalsInsurance AdministrationNonprofit OrganizationsPrivacyReportsRevenue and Taxes -see also- (specific tax)Rules and RegulationsStudies -see also- Commitees & Commissions; ReportsSunset

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

No premium tax on nonprofit captives

Beginning July 1, 2026, Maryland does not collect the state premium receipts tax on captive insurance bought by nonprofit health care systems and hospitals. This also covers their parent groups, subsidiaries, and providers. The pause lasts through June 30, 2028. The law also blocks any retroactive tax, fees, penalties, or interest on these premiums. Other premium-tax rules still apply to everyone else.

Sponsors & Cosponsors

Sponsor

  • Dawn Gile

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 225 • No: 0

House vote • 4/13/2026

Third Reading Passed

Yes: 137 • No: 0 • Other: 3

Senate vote • 4/13/2026

Third Reading Passed

Yes: 45 • No: 0 • Other: 2

Senate vote • 3/30/2026

Third Reading Passed

Yes: 43 • No: 0 • Other: 1

Actions Timeline

  1. Approved by the Governor - Chapter 638

    5/26/2026

  2. Passed Enrolled

    4/13/2026Senate

  3. Third Reading Passed (45-0)

    4/13/2026Senate

  4. Senate Concurs House Amendments

    4/13/2026Senate

  5. Third Reading Passed (137-0)

    4/13/2026House

  6. Second Reading Passed with Amendments

    4/10/2026House

  7. Favorable with Amendments {983824/1 Adopted

    4/10/2026House

  8. Favorable with Amendments Report by Ways and Means

    4/10/2026House

  9. Hearing 4/08 at 1:00 p.m. (Ways and Means)

    4/6/2026House

  10. Rereferred to Ways and Means and Health

    4/6/2026House

  11. Hearing canceled

    4/2/2026House

  12. Hearing 4/06 at 2:00 p.m.

    4/1/2026House

  13. Referred Rules and Executive Nominations

    3/31/2026House

  14. Third Reading Passed (43-0)

    3/30/2026Senate

  15. Second Reading Passed with Amendments

    3/26/2026Senate

  16. Floor Amendment {523529/1 (Senator Gile) Adopted

    3/26/2026Senate

  17. Motion Special Order until 3/30 (Senator West) Rejected

    3/26/2026Senate

  18. Floor Amendment {523529/1 (Senator Gile)

    3/26/2026Senate

  19. Favorable with Amendments {133420/1 Adopted

    3/26/2026Senate

  20. Motion Special Order until 3/26 (Senator Gile) Adopted

    3/25/2026Senate

  21. Favorable with Amendments {133420/1

    3/25/2026Senate

  22. Motion Special Order until 3/25 (Senator West) Adopted

    3/23/2026Senate

  23. Favorable with Amendments {133420/1

    3/23/2026Senate

  24. Motion Laid Over (Senator West) Adopted

    3/23/2026Senate

  25. Favorable with Amendments {133420/1

    3/23/2026Senate

Bill Text

  • Enacted

    5/26/2026

    PDF

  • Enrolled

    4/13/2026

    PDF

  • Third Reading

    3/26/2026

    PDF

  • First Reading

    2/6/2026

    PDF

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