3.0.0 7133 2023-01-11T13:41:02Z 2023-01-11T13:41:02Z House HR 2018-11-14 115 [Congressional Record Volume 164, Number 180 (Wednesday, November 14, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WELCH:H.R. 7133.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18: The Congress shall havePower To . . . make all Laws which shall be necessary andproper for carrying into Execution the foregoing Powers, andall other Powers vested by this Constitution in theGovernment of the United States, or in any Department orOfficer thereof.[Page H9526]]]> hsju00 Judiciary Committee House Standing Referred to 2018-11-14T17:00:23Z hsba00 Financial Services Committee House Standing Referred to 2018-11-14T17:00:18Z 2018-11-14 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, 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 hsju00 Judiciary Committee 2018-11-14 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, 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 2018-11-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-11-14 Introduced in House IntroReferral 1000 9 Library of Congress W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT N Finance and Financial Sector Insurance industry and regulation State and local government operations Finance and Financial Sector 00 2018-11-14 Introduced in House 2019-08-27T20:07:34Z Captive Insurers Clarification Act

This bill specifies that captive insurance companies are not nonadmitted insurers under the Nonadmitted and Reinsurance Reform Act of 2010, which provides that nonadmitted insurers are regulated by the insured's home state.

]]> Captive Insurers Clarification Act Display Title Captive Insurers Clarification Act Official Title as Introduced To clarify the definition of nonadmitted insurer under the Nonadmitted and Reinsurance Reform Act of 2010, and for other purposes. Introduced in House IH Short Titles as Introduced Captive Insurers Clarification Act Introduced in House 2018-11-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr7133ih/xml/BILLS-115hr7133ih.xml 2018-11-14 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, 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.