H.R. 6732 · 116th Congress
To direct the Secretary of the Treasury to modify certain regulations relating to insurance-dedicated…
Full title
To direct the Secretary of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds.
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the Department of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds.
What it does: CRS summary · Introduced in House · May 5, 2020
This bill directs the Department of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds. An exchange-traded fund is a regulated investment company, partnership, or trust (1) that is registered with the Securities and Exchange Commission as an open-end investment company or a unit investment trust, (2) the shares of which can be purchased or redeemed directly from the fund only by an authorized participant (i.e., a financial institution that is a member or participant of a registered clearing agency), and (3) the shares of which are traded throughout the day on a national stock exchange at market prices that may or may not be the same as the net asset value of the shares.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To direct the Secretary of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds.
Latest action (May 5, 2020): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 5, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.