HR 3861
115th Congress
House
Finance and Financial Sector
Department of the Treasury
Executive agency funding and structure
Government employee pay, benefits, personnel management
Government studies and investigations
Insurance industry and regulation
Federal Insurance Office Reform Act of 2018
Introduced: September 28, 2017
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 2, 2018
Placed on the Union Calendar, Calendar No. 789.
Nov 2, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1008.
Jun 7, 2018
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 21.
Jun 7, 2018
Committee Consideration and Mark-up Session Held.
Sep 28, 2017
Referred to the House Committee on Financial Services.
Sep 28, 2017
Introduced in House
Plain-English summary
Federal Insurance Office Reform Act of 2017
This bill amends the Federal Insurance Office Act of 2010 to modify the Department of the Treasury's Federal Insurance Office (FIO).
FIO is moved to Treasury's Office of International Affairs.
FIO's function of advising Treasury on domestic insurance issues is eliminated.
The bill removes FIO from the Financial Stability Oversight Council.
FIO's subpoena and enforcement powers regarding information gathering are terminated.
The number of personnel employed by FIO is limited to five.
What's happening now
Placed on the Union Calendar, Calendar No. 789.
Committees of jurisdiction
1