HR 6436
114th Congress
House
Finance and Financial Sector
U.S. Insurance Regulation Works Act of 2016
Introduced: December 5, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 2016
Referred to the House Committee on Financial Services.
Dec 5, 2016
Introduced in House
Plain-English summary
U.S. Insurance Regulation Works Act of 2016
This bill requires parties representing the federal government on international insurance regulatory proposals to ensure that any proposals they assent to:
- are consistent with, and reflective of, existing federal and state insurance laws and regulations, including the primacy of policyholder protection in solvency regulation; and
- recognize existing federal and state laws and regulations as satisfying such proposals.
Federal government representatives must consult with, and seek to include, state insurance commissioners in meetings of any international regulatory, standard-setting, or supervisory forum or in any negotiations of international agreements relating to insurance.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1