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H.R. 3762 115th Congress House

International Insurance Standards Act of 2017

Official title: To preserve the State-based system of insurance regulation and provide greater oversight of and transparency on international insurance standards setting processes, and for other purposes.

Introduced: October 11, 2017 See on congress.gov
Finance and Financial Sector Congressional oversightInsurance industry and regulationLegislative rules and procedureState and local government operationsTrade agreements and negotiations
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 13, 2017
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 13, 2017
Introduced in House
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 Latest action September 13, 2017

Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

International Insurance Standards Act of 2017

This bill prohibits parties representing the federal government in an international insurance agreement from agreeing to any standard inconsistent with existing federal and state laws. The parties must coordinate with state insurance regulators. Congress has the power to review and disapprove by joint resolution any such agreement.

The bill amends the Federal Insurance Office Act of 2010 to modify requirements for a covered international agreement entered into by the Department of the Treasury's Federal Insurance Office. Such an agreement must not include new prudential requirements for insurers and must only apply on a prospective basis. Congress has the power to review and disapprove by joint resolution any covered agreement.

 Related & companion bills 1
  • HR 4537 International Insurance Standards Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Budd, Ted
North Carolina · Nov 30, 2017
 D
Sherman, Brad
California · Oct 11, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3762: International Insurance Standards Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3762/
MLA
"H.R. 3762: International Insurance Standards Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3762/.
Bluebook (legal)
H.R. 3762, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3762/.
Markdown link
[H.R. 3762: International Insurance Standards Act of 2017](https://openamerica.io/bill/115-HR-3762/)
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