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    <number>5059</number>
    <updateDate>2023-01-11T13:40:31Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:40:31Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2018-02-15</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 164, Number 30 (Thursday, February 15, 2018)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. ROTHFUS:H.R. 5059.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; andArticle I, Section 8, Clause 3, relating to the power toregulate interstate commerce.[Page H1213]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred to</name>
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            <name>Reported by</name>
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        <citation>H. Rept. 115-937</citation>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2018-09-12</actionDate>
        <actionTime>15:44:09</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8124-8125)</text>
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        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 5059.</text>
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        <text>Considered under suspension of the rules. (consideration: CR H8124-8127)</text>
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        <text>Mr. Rothfus moved to suspend the rules and pass the bill, as amended.</text>
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        <text>Placed on the Union Calendar, Calendar No. 728.</text>
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        <text>Reported (Amended) by the Committee on Financial Services. H. Rept. 115-937.</text>
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        <text>Ordered to be Reported (Amended) by Voice Vote.</text>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2018-02-15</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Sponsor introductory remarks on measure. (CR E194)</text>
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        <bioguideId>R000598</bioguideId>
        <fullName>Rep. Rothfus, Keith J. [R-PA-12]</fullName>
        <firstName>Keith</firstName>
        <lastName>Rothfus</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>J.</middleName>
        <district>12</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>B001281</bioguideId>
        <fullName>Rep. Beatty, Joyce [D-OH-3]</fullName>
        <firstName>Joyce</firstName>
        <lastName>Beatty</lastName>
        <party>D</party>
        <state>OH</state>
        <district>3</district>
        <sponsorshipDate>2018-02-15</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000569</bioguideId>
        <fullName>Rep. Luetkemeyer, Blaine [R-MO-3]</fullName>
        <firstName>Blaine</firstName>
        <lastName>Luetkemeyer</lastName>
        <party>R</party>
        <state>MO</state>
        <district>3</district>
        <sponsorshipDate>2018-07-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000581</bioguideId>
        <fullName>Rep. Gonzalez, Vicente [D-TX-15]</fullName>
        <firstName>Vicente</firstName>
        <lastName>Gonzalez</lastName>
        <party>D</party>
        <state>TX</state>
        <district>15</district>
        <sponsorshipDate>2018-07-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001305</bioguideId>
        <fullName>Rep. Budd, Ted [R-NC-13]</fullName>
        <firstName>Ted</firstName>
        <lastName>Budd</lastName>
        <party>R</party>
        <state>NC</state>
        <district>13</district>
        <sponsorshipDate>2018-07-16</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2018-09-19T15:06:00Z</pubDate>
        <title>H.R. 5059, State Insurance Regulation Preservation Act</title>
        <url>https://www.cbo.gov/publication/54480</url>
        <description>As passed by the House of Representatives on September 12, 2018</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects>
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          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Business records</name>
        </item>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Government information and archives</name>
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        <item>
          <name>Insurance industry and regulation</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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      <summary>
        <versionCode>00</versionCode>
        <actionDate>2018-02-15</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-12-07T14:55:54Z</updateDate>
        <text><![CDATA[ <p><b>State Insurance Regulation Preservation Act </b></p> <p>This bill amends the Home Owners' Loan Act to limit the applicability of reporting and filing requirements for insurance savings and loan holding companies (ISLHCs). Such holding companies&nbsp;shall also be&nbsp;exempt from requirements relating to examination and supervision by the Federal Reserve Board (FRB) if they meet certain state and federal capital requirements. Certain FRB regulations as applied to ISLHCs must be tailored to the insurance business and applicable state insurance requirements. </p>]]></text>
      </summary>
    </summaries>
    <title>State Insurance Regulation Preservation Act</title>
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        <titleType>Display Title</titleType>
        <title>State Insurance Regulation Preservation Act</title>
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        <title>To amend the Home Owners' Loan Act with respect to the registration and supervision of insurance savings and loan holding companies, and for other purposes.</title>
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        <title>State Insurance Regulation Preservation Act</title>
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        <title>State Insurance Regulation Preservation Act</title>
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    <latestAction>
      <actionDate>2018-09-17</actionDate>
      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</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>
    <dc:description>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.</dc:description>
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