House Bill 5059
115th Congress(2017-2018)
State Insurance Regulation Preservation Act
Active
Passed House on Sep 12, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5059
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on September 12, 2018
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8124-8125)
Summary
State Insurance Regulation Preservation Act
This bill amends the Home Owners' Loan Act to limit the applicability of reporting and filing requirements for insurance savings and loan holding companies (ISLHCs). Such holding companies shall also be exempt from requirements relating to examination and supervision by the Federal Reserve Board (FRB) if they meet certain state and federal capital requirements. Certain FRB regulations as applied to ISLHCs must be tailored to the insurance business and applicable state insurance requirements.
September 17, 2018
September 12, 2018
September 12, 2018
February 15, 2018
09/17/2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
09/12/2018
Motion to reconsider laid on the table Agreed to without objection.
09/12/2018
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8124-8125)
09/12/2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8124-8125)
09/12/2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 5059.
09/12/2018
Considered under suspension of the rules. (consideration: CR H8124-8127)
09/12/2018
Mr. Rothfus moved to suspend the rules and pass the bill, as amended.
09/12/2018
Placed on the Union Calendar, Calendar No. 728.
09/12/2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-937.
07/24/2018
Ordered to be Reported (Amended) by Voice Vote.
07/24/2018
Committee Consideration and Mark-up Session Held.
02/15/2018
Referred to the House Committee on Financial Services.
02/15/2018
Sponsor introductory remarks on measure. (CR E194)
02/15/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:40:31 PM