3.0.0 3198 2023-11-09T22:13:48Z 2023-11-09T22:13:48Z Senate S 2021-11-04 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Discharged from 2022-12-07T00:05:21Z Referred to 2021-11-04T20:09:16Z Registration for Index-Linked Annuities Act 117 4865 HR 2022-07-27 Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote. Related bill CRS 2022-12-07 14:20:01 Held at the desk. Floor H15000 2 House floor actions 2022-12-07 14:04:24 Received in the House. Floor H14000 2 House floor actions 2022-12-07 Senate Message on Senate action sent to the House. Floor 2022-12-06 Senate Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S7004) Floor 2022-12-06 Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent. Floor 17000 9 Library of Congress 2022-12-06 Senate Measure laid before Senate by unanimous consent. (consideration: CR S7003-7004) Floor 2022-12-06 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. Discharge 2022-12-06 Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. Committee 14500 9 Library of Congress ssbk00 Banking, Housing, and Urban Affairs Committee 2021-11-04 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2021-11-04 Introduced in Senate IntroReferral 10000 9 Library of Congress S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN N T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2021-11-04 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2022-09-08 False H000601 Sen. Hagerty, Bill [R-TN] Bill Hagerty R TN 2022-09-08 False Finance and Financial Sector Insurance industry and regulation Interest, dividends, interest rates Licensing and registrations Performance measurement Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2021-11-04 Introduced in Senate 2022-02-28T21:44:46Z Registration for Index-Linked Annuities Act

This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision.

The bill defines a registered index-linked annuity as an annuity that is deemed a security, that must be registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.

]]> 55 2022-12-06 Passed Senate 2023-02-16T15:52:30Z Registration for Index-Linked Annuities Act

This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision.

The bill defines a registered index-linked annuity as an annuity that is deemed a security, that is registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.

]]> Registration for Index-Linked Annuities Act Display Title Registration for Index-Linked Annuities Act Short Title(s) as Passed Senate Registration for Index-Linked Annuities Act S Senate Engrossed in Senate ES Short Title(s) as Introduced Registration for Index-Linked Annuities Act Introduced in Senate IS Official Title as Introduced A bill to direct the Securities and Exchange Commission to revise any rules necessary to enable issuers of index-linked annuities to register on a form tailored specifically to registered index-linked annuities, and for other purposes. Introduced in Senate IS 6506 117 SAMDT In the nature of a substitute. 2022-12-07T05:16:14Z 2022-12-06 Amendment SA 6506 agreed to in Senate by Unanimous Consent. SA 6506 https://www.congress.gov/amendment/117th-congress/senate-amendment/6506 S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 1 1 T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2022-12-06 True 2022-12-06T05:00:00Z 2022-12-06T05:00:00Z Senate 117 S Senate S 3198 Registration for Index-Linked Annuities Act 2023-11-09T22:13:48Z 6 2022-12-06 0 Senate Amendment SA 6506 agreed to in Senate by Unanimous Consent. Floor 2022-12-06 0 Senate Amendment SA 6506 proposed by Senator Hassan for Senator Smith. (consideration: CR S7004; text: CR S7004) In the nature of a substitute. Floor 2022-12-06 Senate amendment submitted Floor 91000 9 Library of Congress 2022-12-06 Senate amendment proposed (on the floor): Amendment SA 6506 proposed by Senator Hassan for Senator Smith. Floor 93000 9 Library of Congress 2022-12-06 Senate amendment agreed to: Amendment SA 6506 agreed to in Senate by Unanimous Consent. Floor 94000 9 Library of Congress Engrossed in Senate 2022-12-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s3198es/xml/BILLS-117s3198es.xml Introduced in Senate 2021-11-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s3198is/xml/BILLS-117s3198is.xml 2022-12-07 Held at the desk. 14:20:01 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.