Bill116th CongressFiled Dec 4, 2020Finance and Financial Sector
H.R. 8872
Transparency in Federal Home Loan Bank Membership Act of 2020
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Dec 4, 2020)
Transparency in Federal Home Loan Bank Membership Act of 2020
This bill allows a captive insurance company—an insurer that primarily insures its parent company and affiliates—to apply for membership with a Federal Home Loan Bank. To qualify for membership, the parent company of a captive insurance company must comply with certain investment requirements and capital standards.
What just happenedDec 4, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Hollingsworth, Trey [R-IN-9](R-IN)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions12subjects
- Introduced in HouseDec 4, 2020
- Dec 4, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Dec 4, 2020IntroReferralIntro-H
Introduced in House
- Dec 4, 2020IntroReferral1000
Introduced in House