# 119-hr-4735: Business of Insurance Regulatory Reform Act of 2025

119-hr-4735, Business of Insurance Regulatory Reform Act of 2025, is a 119th Congress bill sponsored by Rep. Steil, Bryan [R-WI-1] (R-WI); status introduced; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-hr-4735
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4735
- Congress: 119
- Title: Business of Insurance Regulatory Reform Act of 2025
- Status: introduced
- Introduced: 2025-07-23
- Sponsor: Rep. Steil, Bryan [R-WI-1] (R-WI)
- Cosponsors: 6
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-09-10

## Summary

**Limits CFPB enforcement over entities regulated by State insurance regulators.** This bill would narrow the Consumer Financial Protection Bureau's reach when firms are "engaged in the business of insurance" and require enforcement to be interpreted in favor of state insurance regulators. - Families and consumers: Insurance-related consumer problems would be handled more by state insurance authorities than by the CFPB, changing where complaints and protections are decided. - State insurance regulators: Regulators would gain deference and broader control over enforcement of consumer laws in the insurance context. - Insurers and covered firms: Companies regulated by state insurance authorities would face narrower CFPB enforcement when acting in the business of insurance.

## Cosponsors (6)

- Rep. Barr, Andy [R-KY-6] (R-KY), 2025-07-23T00:00:00.000Z
- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-07-23T00:00:00.000Z
- Rep. Huizenga, Bill [R-MI-4] (R-MI), 2025-07-23T00:00:00.000Z
- Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2025-07-23T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-07-23T00:00:00.000Z
- Rep. Williams, Roger [R-TX-25] (R-TX), 2026-02-09T00:00:00.000Z

## Provisions PRIA read

- Limits federal consumer oversight of insurers: mixed, high. This bill would limit the Consumer Financial Protection Bureau (CFPB) from enforcing federal consumer finance rules against people or firms regulated by a state insurance regulator when they are doing the business of insurance. The CFPB’s power under other listed consumer laws would be read narrowl…

## Related bills

- 119-hr-6955: Main Street Capital Access Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026
- 119-hr-2570: Maximum Pressure Act
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-3437: Insurance Data Protection Act

## Sources
- [119-hr-4735 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4735)

## Related
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026](https://policyrisk.com/legislation/119-hr-10184)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-3437: Insurance Data Protection Act](https://policyrisk.com/legislation/119-hr-3437)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4735 (as of 2026-09-10).