3.0.0 3762 2023-01-11T13:38:43Z 2023-01-11T13:38:43Z House HR 2017-09-13 115 [Congressional Record Volume 163, Number 148 (Wednesday, September 13, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DUFFY:H.R. 3762.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 H7383]]]> hsru00 Rules Committee House Standing Referred to 2017-09-13T14:02:10Z hsba00 Financial Services Committee House Standing Referred to 2017-09-13T14:02:05Z International Insurance Standards Act of 2018 115 4537 HR 2018-07-11 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 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. IntroReferral H11100 2 House floor actions hsru00 Rules Committee 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-09-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-09-13 Introduced in House IntroReferral 1000 9 Library of Congress D000614 Rep. Duffy, Sean P. [R-WI-7] Sean Duffy R WI P. 7 N H001064 Rep. Heck, Denny [D-WA-10] Denny Heck D WA 10 2017-09-13 True S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2017-10-11 False R000593 Rep. Ross, Dennis A. [R-FL-15] Dennis Ross R FL A. 15 2017-11-15 False B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 2017-11-30 False Finance and Financial Sector Congressional oversight Insurance industry and regulation Legislative rules and procedure State and local government operations Trade agreements and negotiations Finance and Financial Sector 00 2017-09-13 Introduced in House 2018-05-01T21:51:53Z International Insurance Standards Act of 2017

This bill prohibits parties representing the federal government in an international insurance agreement from agreeing to any standard inconsistent 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 not include new prudential requirements for insurers and must only apply on a prospective basis. Congress has the power to review and disapprove by joint resolution any covered agreement.

]]> International Insurance Standards Act of 2017 Display Title International Insurance Standards Act of 2017 Short Titles as Introduced International Insurance Standards Act of 2017 Official Title as Introduced To preserve the State-based system of insurance regulation and provide greater oversight of and transparency on international insurance standards setting processes, and for other purposes. Introduced in House 2017-09-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3762ih/xml/BILLS-115hr3762ih.xml 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. 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.