S. 3123 · 116th Congress
State Insurance Regulation Preservation Act
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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.
R
TillisSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill provides for the registration of insurance savings and loan holding companies. Certain Federal Reserve Board (FRB) regulations as applied to these companies must be tailored to the insurance business and applicable state insurance requirements.
What it does: CRS summary · Introduced in Senate · Dec 19, 2019
State Insurance Regulation Preservation Act
This bill provides for the registration of insurance savings and loan holding companies. Certain Federal Reserve Board (FRB) regulations as applied to these companies must be tailored to the insurance business and applicable state insurance requirements.
The bill generally excludes assets attributable to the business of insurance for the purpose of calculating whether these companies are subject to certain FRB assessments and fees.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: State Insurance Regulation Preservation Act
Latest action (Dec 19, 2019): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Dec 19, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.