US SB1298 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on May 2 2019 - 25% progression, died in committee
Action: 2019-05-02 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 2 2019 - 25% progression, died in committee
Action: 2019-05-02 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishes a state insurance commissioner as a voting member of the Financial Stability Oversight Council. The member is appointed by the President with the advice and consent of the Senate. Under current law, this member is nonvoting and selected by state insurance commissioners.
Title
Primary Regulators of Insurance Vote Act of 2019
Sponsors
Sen. Tim Scott [R-SC] | Sen. Doug Jones [D-AL] | Sen. Deb Fischer [R-NE] | Sen. Joni Ernst [R-IA] |
History
Date | Chamber | Action |
---|---|---|
2019-05-02 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB2479 (Related) 2019-05-02 - Referred to the House Committee on Financial Services.
Subjects
Banking and financial institutions regulation
Finance and financial sector
Financial Stability Oversight Council
Insurance industry and regulation
Finance and financial sector
Financial Stability Oversight Council
Insurance industry and regulation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1298/all-info |
Text | https://www.congress.gov/116/bills/s1298/BILLS-116s1298is.pdf |