legislation: 115-s-2702

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
115-s-2702 115 s 2702 Business of Insurance Regulatory Reform Act of 2018 Finance and Financial Sector 2018-04-18 2018-04-18 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Senate Sen. Scott, Tim [R-SC] SC R S001184 4 Business of Insurance Regulatory Reform Act of 2018 This bill amends the Consumer Financial Protection Act of 2010 to revise the authority of the Consumer Financial Protection Bureau (CFPB) over activities regulated by a state insurance regulator. The CFPB may not enforce the Act against any person regulated by a state insurance regulator and offering a consumer financial product or service, to the extent that person is engaged in the business of insurance. If a person engaged in the business of insurance is regulated by a state insurance regulator but otherwise subject to the Act, the CFPB must construe its authority narrowly. 2023-01-11T13:39:41Z https://www.congress.gov/bill/115th-congress/senate-bill/2702

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