US Congress House Bill 6732 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on May 5 2020 - 25% progression, died in committee
Action: 2020-05-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Directs the Department of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds. An exchange-traded fund is a regulated investment company, partnership, or trust (1) that is registered with the Securities and Exchange Commission as an open-end investment company or a unit investment trust, (2) the shares of which can be purchased or redeemed directly from the fund only by an authorized participant (i.e., a financial institution that is a member or participant of a registered clearing agency), and (3) the shares of which are traded throughout the day on a national stock exchange at market prices that may or may not be the same as the net asset value of the shares.

To direct the Secretary of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds.

Rep. Brad Wenstrup [R-OH]

Rep. John Larson [D-CT]

Date	Chamber	Action
2020-05-05	House	Referred to the House Committee on Ways and Means.
2020-05-05	House	Introduced in House

SB1431 (Related) 2019-05-13 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/6732/all-info
Text	https://www.congress.gov/116/bills/hr6732/BILLS-116hr6732ih.pdf