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S. 1586 116th Congress Senate

Federal Insurance Office Abolishment Act of 2019

Official title: A bill to abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes.

Introduced: May 22, 2019 Introduced by: Ted Cruz Republican · Texas See on congress.gov
Finance and Financial Sector Department of the TreasuryExecutive agency funding and structureFederal officialsFinancial Stability Oversight CouncilInsurance industry and regulation
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
May 22, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 22, 2019
Introduced in Senate
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 Latest action May 22, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Federal Insurance Office Abolishment Act of 2019

This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also removes the FIO director as a nonvoting member of the Financial Stability Oversight Council.

 Related & companion bills 1
  • HR 1862 Federal Insurance Office Abolishment Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Blackburn, Marsha
Tennessee · Jun 18, 2019
 R
Hyde-Smith, Cindy
Mississippi · May 22, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1586: Federal Insurance Office Abolishment Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-1586/
MLA
"S. 1586: Federal Insurance Office Abolishment Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1586/.
Bluebook (legal)
S. 1586, 116th Cong. (2026), https://openamerica.io/bill/116-S-1586/.
Markdown link
[S. 1586: Federal Insurance Office Abolishment Act of 2019](https://openamerica.io/bill/116-S-1586/)
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