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S 1086 114th Congress Senate Finance and Financial Sector Advisory bodies Congressional oversight Executive agency funding and structure Federal Reserve System Insurance industry and regulation International organizations and cooperation

International Insurance Capital Standards Accountability Act of 2015

Introduced: April 27, 2015 See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 28, 2015
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-98.
Apr 27, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 27, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

International Insurance Capital Standards Accountability Act of 2015

This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers).

The Secretary of the Treasury and the Board Chairman shall report annually to certain congressional committees on their efforts with the National Association of Insurance Commissioners regarding global insurance regulatory or supervisory forums.

The Secretary, the Board Chairman, and the Director of the Federal Insurance Office, before supporting or consenting to the adoption of any key element in any international insurance proposal or international insurance capital standard, must study its impact upon U.S. markets and consumers.

The Secretary and the Board Chairman must also report, as well as testify to Congress on their efforts to increase transparency at meetings of the International Association of Insurance Supervisors.

What's happening now April 28, 2015

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-98.

 Related & companion bills 2
  • S 1910 Related bill Financial Services and General Government Appropriations Act, 2016
  • S 2132 Related bill An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Rounds, Mike
South Dakota · Jan 21, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1086: International Insurance Capital Standards Accountability Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-S-1086/
MLA
"S. 1086: International Insurance Capital Standards Accountability Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-1086/.
Bluebook (legal)
S. 1086, 114th Cong. (2026), https://openamerica.io/bill/114-S-1086/.
Markdown link
[S. 1086: International Insurance Capital Standards Accountability Act of 2015](https://openamerica.io/bill/114-S-1086/)
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