Transparency in Federal Home Loan Bank Membership Act of 2020
Sponsored By: Representative Hollingsworth, Trey [R-IN-9]
Unknown
Summary
Transparency in Federal Home Loan Bank Membership Act of 2020 This bill allows a captive insurance company—an insurer that primarily insures its parent company and affiliates—to apply for membership with a Federal Home Loan Bank. To qualify for membership, the parent company of a captive insurance company must comply with certain investment requirements and capital standards.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Hollingsworth, Trey [R-IN-9]
IN • R
Cosponsors
Rep. Heck, Denny [D-WA-10]
WA • D
Sponsored 12/4/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov