SENATE BILL 890 CAPTIVE INSURERS - PREMIUM RECEIPTS TAX STUDY
Project Information
- Bid Title
- SENATE BILL 890 CAPTIVE INSURERS - PREMIUM RECEIPTS TAX STUDY
- Issuing Agency
- State Government of Maryland
- Location
- Maryland
- Published Date
- Aug 4, 2026
- Closing Date
- Aug 14, 2026
- Government Level
- State & Local
- Status
- Closed
- Ref. #
- BPM058256
- Original Source
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- Bid Documents
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- Project Description
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ID: BPM058256 Title: SENATE BILL 890 CAPTIVE INSURERS - PREMIUM RECEIPTS TAX STUDY Status: Open Due / Close Date: 8/14/2026 Publish Date: 8/4/2026 11:44:56 AM Main Category: Management and Business Professionals and Administrative Services Solicitation Type: Request for Quote Issuing Agency: Maryland Insurance Administration
Solicitation SummaryTitleSENATE BILL 890 CAPTIVE INSURERS - PREMIUM RECEIPTS TAX STUDYIDBPM058256Alternate IDMIA- SB890 -27-0001Functional Area #1Round #1StatusOpenDue / Close Date (EST)Aug 14 2026 4:00PMSolicitation TypeRequest for QuoteMain CategoryManagement and Business Professionals and Administrative ServicesIssuing AgencyMaryland Insurance AdministrationProcurement Officer / BuyerEunice KARIUKIEmaileunice.kariuki1@maryland.govSolicitation SummaryNew legislation, 2026 Maryland Laws Ch. 638 (S.B. 890) (the “Act ”), mandates that the Maryland Insurance Administration (MIA), in consultation with relevant stakeholders, study the use, regulation, and taxation of captive insurance companies by entities in the State. The MIA is required to submit a final report detailing its findings and recommendations to the Governor, and, in accordance with § 2-1257 of the State Government Article, the Senate Finance Committee, and the House Health Committee by January 1, 2027.
Additional InstructionsProject Cost ClassPre-Bid Conference InformationPre-Bid Conference Date (EST)Pre-Bid Conference DetailsSmall Business Reserve DesignationNoProcurement Program Participation Goals
VSBE Participation (%)MBE Participation (%)African American MBE Participation (%)Asian American MBE Participation (%)Hispanic American MBE Participation (%)Women-Owned MBE Participation (%)DBE Participation (%)SBE Participation (%)Socio Economic Participation CriteriaProcurement Officer / BuyerEunice KARIUKIAlternate LinkAttachmentsSelectedTitle Type Att. Last Modified on UTC-4 Creation Date UTC-4 Validity End Date Attachment-1.-No-Bid_Proposal-Notice_Vendor-Feedback-Form-1 Attachments & Appendixes (Approved) 8/4/2026 11:23:34 AM 8/4/2026 11:23:21 AM Attachment B1 - Financial Proposal Form Technical Documents (Approved) 8/4/2026 11:13:51 AM 8/4/2026 11:13:51 AM Scope of Work - SENATE BILL 890 CAPTIVE INSURERS - PREMIUM RECEIPTS TAX STUDY Scope of Work - SENATE BILL 890 CAPTIVE INSURERS - PREMIUM RECEIPTS TAX STUDY Technical Documents (Approved) 8/4/2026 11:12:45 AM 8/4/2026 11:12:45 AM 3 Record(s)
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