Maryland to raise rebating threshold
Among the legislation that the Maryland General Assembly sent to Gov. Larry Hogan this session was a bill to raise the current rebating threshold.
House Bill 1083/Senate Bill 673 increases the maximum value of educational materials, promotional materials, or articles of merchandise that can be offered and given out from $25 to $50. The legislation adds a provision stating that a person may not make the receipt of any such material or merchandise contingent on the sale or purchase of insurance.
Once signed by the governor, the new law will take effect Monday, Oct. 1. We will update our online resources on rebating and inducements accordingly.