HR 4885
115th Congress
House
Finance and Financial Sector
Business records
Census and government statistics
Congressional oversight
Government information and archives
Government studies and investigations
Inflation and prices
Insurance industry and regulation
Life, casualty, property insurance
Motor vehicles
Racial and ethnic relations
Transportation costs
FAIR RATES Act of 2018
Introduced: January 25, 2018
Introduced by:
Takano, Mark
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 2018
Referred to the House Committee on Financial Services.
Jan 25, 2018
Introduced in House
Plain-English summary
Fair Auto Insurance Ratemaking Reporting to Allow a Transparent Evaluation of Statistics Act of 2018 or the FAIR RATES Act of 2018
This bill directs the Federal Insurance Office (FIO) of the Department of the Treasury to collect private passenger automobile insurance data from certain automobile insurers, federal and state agencies, or other intermediaries. FIO must report on any racial disparities in premium costs and claims payment amounts.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1