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115-hr-5059115th Congress

State Insurance Regulation Preservation Act

Sponsored By: Representative Rothfus, Keith J. [R-PA-12]

Unknown

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Rothfus, Keith J. [R-PA-12]

PA • R

Cosponsors

  • Rep. Beatty, Joyce [D-OH-3]

    OH • D

    Sponsored 2/15/2018

  • Rep. Luetkemeyer, Blaine [R-MO-3]

    MO • R

    Sponsored 7/16/2018

  • Rep. Gonzalez, Vicente [D-TX-34]

    TX • D

    Sponsored 7/16/2018

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 7/16/2018

Roll Call Votes

No roll call votes available for this bill.

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