US HB1862 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 18-0)
Status: Introduced on March 25 2019 - 25% progression, died in committee
Action: 2019-03-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 25 2019 - 25% progression, died in committee
Action: 2019-03-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also removes the FIO director as a nonvoting member of the Financial Stability Oversight Council.
Title
Federal Insurance Office Abolishment Act of 2019
Sponsors
| Rep. Alexander Mooney [R-WV] | Sen. Ted Budd [R-NC] | Rep. Andy Biggs [R-AZ] | Rep. Matt Gaetz [R-FL] |
| Rep. Mark Meadows [R-NC] | Rep. Debbie Lesko [R-AZ] | Sen. Jim Banks [R-IN] | Rep. Roger Williams [R-TX] |
| Rep. Ralph Norman [R-SC] | Rep. Jeff Duncan [R-SC] | Rep. Mark Walker [R-NC] | Rep. Warren Davidson [R-OH] |
| Rep. Michael Cloud [R-TX] | Rep. Jenniffer Gonzalez-Colon [R-PR] | Rep. Mo Brooks [R-AL] | Rep. Louie Gohmert [R-TX] |
| Rep. Ralph Abraham [R-LA] | Rep. Steve King [R-IA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-25 | House | Referred to the House Committee on Financial Services. |
| 2019-03-25 | House | Introduced in House |
Same As/Similar To
SB1586 (Related) 2019-05-22 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Department of the Treasury
Executive agency funding and structure
Federal officials
Finance and financial sector
Financial Stability Oversight Council
Insurance industry and regulation
Executive agency funding and structure
Federal officials
Finance and financial sector
Financial Stability Oversight Council
Insurance industry and regulation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/1862/all-info |
| Text | https://www.congress.gov/116/bills/hr1862/BILLS-116hr1862ih.pdf |
