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HB 998

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Maryland Insurance Administration - Study on Diminished Value Within the Automobile Industry

Sponsor: Julian Ivey (District 47A)Committee: Economic MattersSubject: Insurance - Other than HealthStatus: Unfavorable Report by Economic Matters (as of Nov 9, 2023)

What this bill does

Official synopsis

Requiring the Maryland Insurance Administration to study and make recommendations about State practices on diminished value within the automobile industry; and requiring the Administration to report its findings and recommendations to the Governor and the General Assembly by December 31, 2023.

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Testimony (7)

MGA witness list
FAV 3FavorableFWA 4Favorable with amendments
PositionWitnessOrganizationTestimony
FAVCarrington, DarrellCarrington & Associates, LLCOral + Written (PDF)
FAVDelegate Ivey, Delegate IveylegislatorIndividualOral
FAVStern, IsadoralobbyistIndividualWritten (PDF)
FWAMorgan, TonyCheck Claims LLCOral + Written (PDF)
FWATress, AndrewMD Insurance AdministrationWritten (PDF)
FWAHunter, JamisonSelfWritten (PDF)
FWAPennington, BrendaThe Pennington FirmOral + Written (PDF)

Organizations on record

Registered lobbyists who testified

FAVStern, IsadoraRegistered for: Maryland Consumer Rights Coalition