HR-4537 : Still Just a Bill

International Insurance Standards Act of 2017

This bill prohibits parties representing the federal government in an international insurance agreement from agreeing to any standard unless it is consistent with existing federal and state laws. The parties must coordinate with state insurance regulators. Congress has the power to review and disapprove by joint resolution any such agreement.

The bill amends the Federal Insurance Office Act of 2010 to modify requirements for a covered international agreement entered into by the Department of the Treasury's Federal Insurance Office. Such an agreement must only apply on a prospective basis. Congress has the power to review and disapprove by joint resolution any covered agreement.

Action Timeline

Action DateTypeTextSource
2018-07-11IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2018-07-10FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2018-07-10FloorOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6007-6008)House floor actions
2018-07-10FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 4537.House floor actions
2018-07-10FloorConsidered under suspension of the rules. (consideration: CR H6007-6010)House floor actions
2018-07-10FloorMr. Huizenga moved to suspend the rules and pass the bill, as amended.House floor actions
2018-07-03CalendarsPlaced on the Union Calendar, Calendar No. 623.House floor actions
2018-07-03DischargeCommittee on Rules discharged.House floor actions
2018-07-03CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 115-804, Part I.House floor actions
2017-12-13CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 56 - 4.House committee actions
2017-12-13CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2017-12-12CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2017-12-04IntroReferralReferred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.House floor actions
2017-12-04IntroReferralReferred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.House floor actions
2017-12-04IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Congressional oversight
  • Insurance industry and regulation
  • Legislative rules and procedure
  • State and local government operations
  • Trade agreements and negotiations

Related Bills

See Related Bills