US Congress House Bill 4537 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 10-3)
Status: Engrossed on July 11 2018 - 50% progression, died in committee
Action: 2018-07-11 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

International Insurance Standards Act of 2018 (Sec. 3) This bill prohibits parties representing the federal government in an international insurance agreement from agreeing to any standard unless it recognizes the existing U.S. system of regulation as satisfying that standard. (Sec. 4) In developing international insurance standards, the parties must coordinate with state insurance regulators. (Sec. 5) Parties representing the United States in such proceedings must consult with and notify Congress regarding the intention to participate in the negotiations, the nature and objectives of the negotiations, and the details of the agreement. (Sec. 6) Before entering into any agreement, the parties must report to Congress regarding the implementation and impact of the agreement. (Sec. 7) The bill amends the Federal Insurance Office Act of 2010 to modify requirements for an international agreement entered into by the Department of the Treasury's Federal Insurance Office. Such an agreement must only apply on a prospective basis. In developing an agreement, the parties must coordinate with state insurance regulators. Congress has the power to review and disapprove by joint resolution any agreement.

International Insurance Standards Act of 2018

Rep. Sean Duffy [R-WI]	Rep. Denny Heck [D-WA]	Rep. Brad Sherman [D-CA]	Rep. Dennis Ross [R-FL]
Sen. Ted Budd [R-NC]	Rep. Michael Capuano [D-MA]	Rep. Keith Rothfus [R-PA]	Rep. Claudia Tenney [R-NY]
Rep. Lee Zeldin [R-NY]	Rep. Mia Love [R-UT]	Rep. Roger Williams [R-TX]	Rep. Luke Messer [R-IN]
Rep. David Young [R-IA]

Date	Chamber	Action
2018-07-11	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2018-07-10	House	Motion to reconsider laid on the table Agreed to without objection.
2018-07-10	House	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6007-6008)
2018-07-10	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 4537.
2018-07-10	House	Considered under suspension of the rules. (consideration: CR H6007-6010)
2018-07-10	House	Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
2018-07-03	House	Placed on the Union Calendar, Calendar No. 623.
2018-07-03	House	Committee on Rules discharged.
2018-07-03	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-804, Part I.
2017-12-13	House	Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 4.
2017-12-13	House	Committee Consideration and Mark-up Session Held.
2017-12-12	House	Committee Consideration and Mark-up Session Held.
2017-12-04	House	Referred 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.
2017-12-04	House	Referred 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.
2017-12-04	House	Introduced in House

HB3762 (Related) 2017-09-13 - Referred 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.
SB488 (Related) 2018-07-18 - Message on House action received in Senate and at desk: House amendments to Senate bill.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/4537/all-info
Text	https://www.congress.gov/115/bills/hr4537/BILLS-115hr4537ih.pdf
Text	https://www.congress.gov/115/bills/hr4537/BILLS-115hr4537rh.pdf
Text	https://www.congress.gov/115/bills/hr4537/BILLS-115hr4537eh.pdf