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    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 147 (Tuesday, September 12, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. DUFFY:H.R. 3746.Congress has the power to enact this legislation pursuantto the following:Article I, section 8, clause 1 (relating to the generalwelfare of the United States); and Article I, section 8,clause 3 (relating to the power to regulate interstatecommerce).[[Page H7314]][Page H7313]</pre>]]></constitutionalAuthorityStatementText>
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        <title>Business of Insurance Regulatory Reform Act of 2018</title>
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        <text>Ordered to be Reported by the Yeas and Nays: 37 - 18.</text>
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        <fullName>Rep. Duffy, Sean P. [R-WI-7]</fullName>
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        <fullName>Rep. Moore, Gwen [D-WI-4]</fullName>
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        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
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        <lastName>Wagner</lastName>
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        <state>MO</state>
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        <bioguideId>P000593</bioguideId>
        <fullName>Rep. Perlmutter, Ed [D-CO-7]</fullName>
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        <lastName>Perlmutter</lastName>
        <party>D</party>
        <state>CO</state>
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        <bioguideId>M001189</bioguideId>
        <fullName>Rep. Messer, Luke [R-IN-6]</fullName>
        <firstName>Luke</firstName>
        <lastName>Messer</lastName>
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        <state>IN</state>
        <district>6</district>
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        <pubDate>2018-04-12T15:33:06Z</pubDate>
        <title>H.R. 3746, Business of Insurance Regulatory Reform Act of 2017</title>
        <url>https://www.cbo.gov/publication/53738</url>
        <description>As ordered reported by the House Committee on Financial Services on January 18, 2018</description>
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        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-01-09T22:59:01Z</updateDate>
        <text><![CDATA[ <p><b>Business of Insurance Regulatory Reform Act of 2017</b></p> <p>This bill amends the Consumer Financial Protection Act of 2010 to revise the authority of the Consumer Financial Protection Bureau (CFPB) over activities regulated by a state insurance regulator. The CFPB may not enforce the Act against any person regulated by a state insurance regulator and offering a consumer financial product or service, to the extent that person is engaged in the business of insurance. If a person engaged in the business of insurance is regulated by a state insurance regulator but otherwise subject to the Act, the CFPB must construe its authority narrowly.</p>]]></text>
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      <summary>
        <versionCode>79</versionCode>
        <actionDate>2018-05-10</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2018-05-14T15:57:20Z</updateDate>
        <text><![CDATA[ <p><b>Business of Insurance Regulatory Reform Act of 2017</b></p> <p>This bill amends the Consumer Financial Protection Act of 2010 to revise the authority of the Consumer Financial Protection Bureau (CFPB) over activities regulated by a state insurance regulator. The CFPB may not enforce the Act against any person regulated by a state insurance regulator and offering a consumer financial product or service, to the extent that person is engaged in the business of insurance. If a person engaged in the business of insurance is regulated by a state insurance regulator but otherwise subject to the Act, the CFPB must construe its authority narrowly.</p>]]></text>
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    <title>Business of Insurance Regulatory Reform Act of 2017</title>
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        <title>Business of Insurance Regulatory Reform Act of 2017</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes.</title>
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      <actionDate>2018-05-10</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 513.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
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