ThePolitibase
S. 4110IntroducedFINANCE AND FINANCIAL SECTOR

Primary Regulators of Insurance Vote Act of 2022

Banking and financial institutions regulation · Financial Stability Oversight Council · Insurance industry and regulation
Sponsor
Sen. Scott, Tim [R-SC]
R · SC
Key facts
Introduced: Apr 28, 2022
Chamber: Senate
Cosponsors: 1
Congress: 117th
Latest action · Sep 8, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-747.

Summary

Primary Regulators of Insurance Vote Act of 2022

This bill establishes a state insurance commissioner as a voting member of the Financial Stability Oversight Council. The member is appointed by the President with the advice and consent of the Senate. Under current law, this member is nonvoting and selected by state insurance commissioners.

Summary by Congressional Research Service.

Timeline

  1. Sep 8, 2022
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-747.
  2. Apr 28, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  3. Apr 28, 2022
    Introduced in Senate

Cosponsors

In the News

View official record on Congress.gov →
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