---
type: "Bill"
title: "Insurance – Annuities – Nonforfeiture – Interest Rate"
description: "Insurance – Annuities – Nonforfeiture – Interest Rate"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2022"
identifier: "SB 164"
citation: "Maryland SB 164 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Feldman"]
version_count: 3
action_count: 14
vote_count: 2
first_action: "2021-09-09"
last_action: "2022-05-29"
source: "openstates"
source_identifier: "ocd-bill/25dc8ce4-d526-4a1f-adb5-a22c58b74744"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0164?ys=2022RS&search=True"
source_hash: "8f385236e99401d2ffdca4ec7795ca4cd196f808a73a5b5fc0151e3305993292"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland SB 164 (2022) — Insurance – Annuities – Nonforfeiture – Interest Rate

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chapter - Insurance – Annuities – Nonforfeiture – Interest Rate** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/Chapters_noln/CH_693_sb0164t.pdf)
2. **First - Insurance – Annuities – Nonforfeiture – Interest Rate** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0164f.pdf)
3. **Third - Insurance – Annuities – Nonforfeiture – Interest Rate** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0164t.pdf)

## Votes

- On Third Reading — **45–0** (pass) · upper
- On Third Reading — **129–3** (pass) · lower

## Sponsors

- Feldman — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-09-09** Pre-filed `introduction`
- **2022-01-12** First Reading Finance `referral-committee`
- **2022-01-14** Hearing 1/26 at 1:00 p.m.
- **2022-02-07** Favorable Report by Finance `committee-passage-favorable`
- **2022-02-08** Favorable Adopted `committee-passage-favorable`
- **2022-02-08** Second Reading Passed
- **2022-02-10** Third Reading Passed `passage`
- **2022-02-17** Referred Health and Government Operations `referral-committee`
- **2022-03-18** Hearing 3/24 at 1:30 p.m.
- **2022-03-30** Favorable Report by Health and Government Operations `committee-passage-favorable`
- **2022-03-30** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2022-03-31** Third Reading Passed `passage`
- **2022-03-31** Returned Passed
- **2022-05-29** Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 693 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/25dc8ce4-d526-4a1f-adb5-a22c58b74744`. Confidence: reported (aggregated from official Maryland legislature records).