Federal Insurance Office Reform Act of 2018
USA115th CongressHR-3861| House
| Updated: 11/2/2018
Sean P. Duffy
Republican Representative
Wisconsin
Cosponsors (21)
Randy Hultgren (Republican)Lee M. Zeldin (Republican)Kristi L. Noem (Republican)Claudia Tenney (Republican)David Young (Republican)Tim Walberg (Republican)Bruce Poliquin (Republican)Keith J. Rothfus (Republican)Lou Barletta (Republican)James B. Renacci (Republican)Lloyd Smucker (Republican)Roger Williams (Republican)John R. Moolenaar (Republican)Denny Heck (Democratic)Henry Cuellar (Democratic)Dave Brat (Republican)Sam Graves (Republican)Dennis A. Ross (Republican)Tom Emmer (Republican)Robert E. Latta (Republican)Ted Budd (Republican)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 21.
Placed on the Union Calendar, Calendar No. 789.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1008.
Finance and Financial Sector
Department of the TreasuryExecutive agency funding and structureGovernment employee pay, benefits, personnel managementGovernment studies and investigationsInsurance industry and regulation
Federal Insurance Office Reform Act of 2018
USA115th CongressHR-3861| House
| Updated: 11/2/2018
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 21.
Placed on the Union Calendar, Calendar No. 789.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1008.
Sean P. Duffy
Republican Representative
Wisconsin
Cosponsors (21)
Randy Hultgren (Republican)Lee M. Zeldin (Republican)Kristi L. Noem (Republican)Claudia Tenney (Republican)David Young (Republican)Tim Walberg (Republican)Bruce Poliquin (Republican)Keith J. Rothfus (Republican)Lou Barletta (Republican)James B. Renacci (Republican)Lloyd Smucker (Republican)Roger Williams (Republican)John R. Moolenaar (Republican)Denny Heck (Democratic)Henry Cuellar (Democratic)Dave Brat (Republican)Sam Graves (Republican)Dennis A. Ross (Republican)Tom Emmer (Republican)Robert E. Latta (Republican)Ted Budd (Republican)
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Department of the TreasuryExecutive agency funding and structureGovernment employee pay, benefits, personnel managementGovernment studies and investigationsInsurance industry and regulation