3.0.0 4592 2022-11-01T13:49:44Z 2022-11-01T13:49:44Z House HR 2019-10-01 116 [Congressional Record Volume 165, Number 158 (Tuesday, October 1, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HECK:H.R. 4592.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 and Clause 18 (relating tothe power to make all laws necessary and proper for carryingout the powers vested in Congress), Amendment 10.[Page H8089]]]> hsba00 Financial Services Committee House Standing Referred to 2019-10-01T13:00:17Z 2019-10-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-10-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-10-01 Introduced in House IntroReferral 1000 9 Library of Congress H001064 Rep. Heck, Denny [D-WA-10] Denny Heck D WA 10 N B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 2019-10-01 True R000612 Rep. Rose, John W. [R-TN-6] John Rose R TN W. 6 2019-11-14 False Finance and Financial Sector Congressional oversight Insurance industry and regulation International law and treaties State and local government operations Finance and Financial Sector 00 2019-10-01 Introduced in House 2021-03-09T17:35:59Z International Insurance Standards Act of 2019

This bill prohibits parties representing the federal government in an international insurance agreement from agreeing to any standard unless it recognizes the existing U.S. system of regulation as satisfying that standard. In developing international insurance standards, the parties must coordinate with state insurance regulators.

Parties representing the United States in such proceedings must consult with and notify Congress regarding the intention to participate in the negotiations, the nature and objectives of the negotiations, and the details of the agreement. Before entering into any agreement, the parties must report to Congress regarding the implementation and impact of the agreement.

]]> International Insurance Standards Act of 2019 Display Title International Insurance Standards Act of 2019 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 IH Short Title(s) as Introduced International Insurance Standards Act of 2019 Introduced in House IH Introduced in House 2019-10-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr4592ih/xml/BILLS-116hr4592ih.xml 2019-10-01 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.