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.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E194)
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-937.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-937.
Placed on the Union Calendar, Calendar No. 728.
Mr. Rothfus moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H8124-8127)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5059.
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)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8124-8125)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line