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PARRIS N. GLENDENING, Governor
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S.B. 70
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(2) If the Commissioner takes any action under Title 9 of this article
pursuant to an adjusted RBC report as provided in this section, the insurer shall be
entitled to the protections afforded to insurers under Title 9 of this article with regard
to summary proceedings.
4-311.
(a) The provisions of this Act are supplemental to other laws of the State, and
may not preclude or limit any other powers or duties of the Commissioner [under this
article], including Title 9 of this article AND TITLE 10 OF THE HEALTH—GENERAL
ARTICLE.
(b) (1) The Commissioner may adopt regulations to carry out this subtitle.
(2) THE COMMISSIONER IN CONSULTATION WITH THE SECRETARY OF
HEALTH AND MENTAL HYGIENE, SHALL ADOPT REGULATIONS THAT APPLY
APPROPRIATE RISK BASED CAPITAL STANDARDS TO MANAGED CARE
ORGANIZATIONS AS DEFINED UNDER § 15-101(F) OF THE HEALTH - GENERAL
ARTICLE.
(c) The Commissioner may exempt from the application of this Act any
domestic property and casualty insurer that:
(1) writes direct business only in the State;
(2) writes direct annual premiums of $2,000,000 or less; and
(3) assumes no reinsurance in excess of 5% of direct premiums written.
SECTION 3. AND BE IT FURTHER ENACTED, That the Insurance
Commissioner, in consultation with the Secretary of Health and Mental Hygiene,
shall adopt regulations that apply risk based capital standards to managed care
organizations no later than July 1, 2001.
SECTION 3. 4. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 2000.
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May 18, 2000
The Honorable Thomas V. Mike Miller, Jr.
President of the Senate
State House
Annapolis MD 21401
Dear Mr. President:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed Senate Bill 70 - Motor Vehicle Administration - Issuance of Identification
Card.
This bill authorizes the Motor Vehicle Administration (MVA) to issue identification
cards to those individuals who have had their driver's licenses confiscated and have
been issued temporary licenses because of certain driving offenses.
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- 3605 -
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