Bill > SB102

This bill expands the definition of "public entity" in Maryland's insurance law to include Resilience Authorities, which are special entities created by local governments to support resilience infrastructure projects. Currently, public entities can pool together to purchase or self-insure against casualty, property, and health insurance risks. By adding Resilience Authorities to the list of eligible public entities, the bill allows these newly defined organizations to participate in insurance pooling arrangements alongside political subdivisions, government units, and certain nonprofit corporations. The definition of a Resilience Authority comes from the Local Government Article, which describes it as an authority incorporated by one or more local governments specifically to undertake or support infrastructure projects aimed at improving community resilience. The bill will take effect on October 1, 2025, providing local governments with a new mechanism to manage insurance risks for resilience-related initiatives.

Budget and Finance, Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0102?ys=2025RS