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HR 3746 115th Congress House Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer credit Insurance industry and regulation

Business of Insurance Regulatory Reform Act of 2017

Introduced: September 12, 2017 See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 10, 2018
Placed on the Union Calendar, Calendar No. 513.
May 10, 2018
Reported by the Committee on Financial Services. H. Rept. 115-668.
Jan 18, 2018
Ordered to be Reported by the Yeas and Nays: 37 - 18.
Jan 18, 2018
Committee Consideration and Mark-up Session Held.
Jan 17, 2018
Committee Consideration and Mark-up Session Held.
Sep 12, 2017
Referred to the House Committee on Financial Services.
Sep 12, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Business of Insurance Regulatory Reform Act of 2017

This bill amends the Consumer Financial Protection Act of 2010 to revise the authority of the Consumer Financial Protection Bureau (CFPB) over activities regulated by a state insurance regulator. The CFPB may not enforce the Act against any person regulated by a state insurance regulator and offering a consumer financial product or service, to the extent that person is engaged in the business of insurance. If a person engaged in the business of insurance is regulated by a state insurance regulator but otherwise subject to the Act, the CFPB must construe its authority narrowly.

What's happening now May 10, 2018

Placed on the Union Calendar, Calendar No. 513.

 Committees of jurisdiction 1