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H.R. 3861 · 115th Congress

Federal Insurance Office Reform Act of 2018

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill amends the Federal Insurance Office Act of 2010 to modify the Department of the Treasury's Federal Insurance Office (FIO).

What it does: CRS summary · Introduced in House · Sep 28, 2017

Federal Insurance Office Reform Act of 2017

This bill amends the Federal Insurance Office Act of 2010 to modify the Department of the Treasury's Federal Insurance Office (FIO).

FIO is moved to Treasury's Office of International Affairs.

FIO's function of advising Treasury on domestic insurance issues is eliminated.

The bill removes FIO from the Financial Stability Oversight Council.

FIO's subpoena and enforcement powers regarding information gathering are terminated.

The number of personnel employed by FIO is limited to five.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Federal Insurance Office Reform Act of 2018

Also known as: Federal Insurance Office Reform Act of 2017

Latest action (Nov 2, 2018): Placed on the Union Calendar, Calendar No. 789.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 28, 2017

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.