3.0.0 6436 2023-01-11T13:33:56Z 2023-01-11T13:33:56Z House HR 2016-12-05 114 [Congressional Record Volume 162, Number 174 (Monday, December 5, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HECK of Washington:H.R. 6436.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 of the Constitution of theUnited States[Page H7181]]]> hsba00 Financial Services Committee House Standing Referred to 2016-12-05T17:00:35Z 2016-12-05 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2016-12-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-12-05 Introduced in House IntroReferral 1000 9 Library of Congress H001064 Rep. Heck, Denny [D-WA-10] Denny Heck D WA 10 N S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2016-12-05 True K000382 Rep. Kuster, Ann M. [D-NH-2] Ann Kuster D NH M. 2 2016-12-05 True S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2016-12-07 False K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2016-12-07 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2016-12-07 False F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2016-12-07 False K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2016-12-07 False Finance and Financial Sector Finance and Financial Sector 00 2016-12-05 Introduced in House 2016-12-21T16:27:13Z U.S. Insurance Regulation Works Act of 2016

This bill requires parties representing the federal government on international insurance regulatory proposals to ensure that any proposals they assent to:

  • are consistent with, and reflective of, existing federal and state insurance laws and regulations, including the primacy of policyholder protection in solvency regulation; and
  • recognize existing federal and state laws and regulations as satisfying such proposals.

Federal government representatives must consult with, and seek to include, state insurance commissioners in meetings of any international regulatory, standard-setting, or supervisory forum or in any negotiations of international agreements relating to insurance.

]]> U.S. Insurance Regulation Works Act of 2016 Display Title U.S. Insurance Regulation Works Act of 2016 Official Title as Introduced To require that any international insurance standards agreed to by parties representing the United States reflect existing United States laws, regulations, and policies on regulation of insurance, and for other purposes. Introduced in House IH Short Titles as Introduced U.S. Insurance Regulation Works Act of 2016 Introduced in House 2016-12-05T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr6436ih/xml/BILLS-114hr6436ih.xml 2016-12-05 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.