US Congress House Bill 3559 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on November 16 2011 - 25% progression, died in committee
Action: 2011-12-19 - Referred to the Subcommittee on General Farm Commodities and Risk Management.
Pending: House Subcommittee on General Farm Commodities and Risk Management Committee
Text: Latest bill text (Introduced) [PDF]

Insurance Data Protection Act - Repeals the subpoena and enforcement powers of the Director of the Federal Insurance Office in the Department of the Treasury. Declares that the sharing of any nonpublicly available data with or by the Office among other federal agencies, the state insurance regulators and their collective agents, or other entities does not affect any federal or state confidentiality privilege arising under federal or state law to which such data or information is otherwise subject. Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to exempt an insurance company from the subpoena powers of the Director of the Office of Financial Research in the Treasury. Prescribes the treatment of data collected by financial regulators from a nonbank financial company that is an insurance company, including confidentiality procedures and agency disclosure requirements.

Insurance Data Protection Act

Rep. Steve Stivers [R-OH]

Rep. Judy Biggert [R-IL]

Rep. Robert Hurt [R-VA]

Rep. Blaine Luetkemeyer [R-MO]

Date	Chamber	Action
2011-12-19	House	Referred to the Subcommittee on General Farm Commodities and Risk Management.
2011-12-08	House	Prior to referral, consideration and markup held by the Subcommitte on Insurance, Housing, and Community Opportunity. Forwarded favorably by a yea and nay vote of 7-5 by the Subcommittee on Insurance, Housing and Community Opportunity.
2011-12-05	House	Referred to House Agriculture
2011-12-05	House	Referred to House Financial Services
2011-12-05	House	Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
2011-11-16	House	Hearings Held by the Subcommittee on Insurance, Housing and Community Opportunity Prior to Introduction.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3559/all-info
Text	https://www.congress.gov/112/bills/hr3559/BILLS-112hr3559ih.pdf