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H.R. 5059

State Insurance Regulation Preservation Act

State Insurance Regulation Preservation Act

This bill amends the Home Owners' Loan Act to limit the applicability of reporting and filing requirements for insurance savings and loan holding companies (ISLHCs). Such holding companies shall also be exempt from requirements relating to examination and supervision by the Federal Reserve Board (FRB) if they meet certain state and federal capital requirements. Certain FRB regulations as applied to ISLHCs must be tailored to the insurance business and applicable state insurance requirements.

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

Rep. Rothfus, Keith J. [R-PA-12](R-PA)Sponsor
4 cosponsors2 D2 R
4cosponsors2committees16actions6subjects
  1. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8124-8125)

  4. Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8124-8125)

  5. FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5059.

  6. FloorH30000

    Considered under suspension of the rules. (consideration: CR H8124-8127)

  7. FloorH30300

    Mr. Rothfus moved to suspend the rules and pass the bill, as amended.

  8. CalendarsH12410

    Placed on the Union Calendar, Calendar No. 728.

  9. CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-937.

    Financial Services Committee
  10. Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-937.

    Financial Services Committee
  11. Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Financial Services Committee
  12. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  13. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  14. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR E194)

  15. IntroReferralIntro-H

    Introduced in House

  16. IntroReferral1000

    Introduced in House

State Insurance Regulation Preservation Act — Informed