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State Insurance Regulation Preservation Act

USA116th CongressS-3123| Senate 
| Updated: 12/19/2019
Thomas Tillis

Thomas Tillis

Republican Senator

North Carolina

Cosponsors (1)
Kyrsten Sinema (Independent)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
State Insurance Regulation Preservation Act This bill provides for the registration of insurance savings and loan holding companies. Certain Federal Reserve Board (FRB) regulations as applied to these companies must be tailored to the insurance business and applicable state insurance requirements. The bill generally excludes assets attributable to the business of insurance for the purpose of calculating whether these companies are subject to certain FRB assessments and fees.
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Timeline
Dec 19, 2019
Introduced in Senate
Dec 19, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • December 19, 2019
    Introduced in Senate


  • December 19, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Administrative law and regulatory proceduresBanking and financial institutions regulationBusiness recordsCorporate finance and managementFederal Reserve SystemInsurance industry and regulationLicensing and registrations

State Insurance Regulation Preservation Act

USA116th CongressS-3123| Senate 
| Updated: 12/19/2019
State Insurance Regulation Preservation Act This bill provides for the registration of insurance savings and loan holding companies. Certain Federal Reserve Board (FRB) regulations as applied to these companies must be tailored to the insurance business and applicable state insurance requirements. The bill generally excludes assets attributable to the business of insurance for the purpose of calculating whether these companies are subject to certain FRB assessments and fees.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 19, 2019
Introduced in Senate
Dec 19, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • December 19, 2019
    Introduced in Senate


  • December 19, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Thomas Tillis

Thomas Tillis

Republican Senator

North Carolina

Cosponsors (1)
Kyrsten Sinema (Independent)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationBusiness recordsCorporate finance and managementFederal Reserve SystemInsurance industry and regulationLicensing and registrations