Federal Insurance Office Reform Act of 2018

United States115th CongressHR-3861House of Representatives
Updated: Nov 2, 2018

Summary

Federal Insurance Office Reform Act of 2017 This bill amends the Federal Insurance Office Act of 2010 to modify the Department of the Treasury's Federal Insurance Office (FIO). FIO is moved to Treasury's Office of International Affairs. FIO's function of advising Treasury on domestic insurance issues is eliminated. The bill removes FIO from the Financial Stability Oversight Council. FIO's subpoena and enforcement powers regarding information gathering are terminated. The number of personnel employed by FIO is limited to five.

Bill texts

Available versions
View official text

2 versions available

All available records shown.

Timeline

  1. Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 21.

    House of Representatives

  2. Committee Consideration and Mark-up Session Held.

    House of Representatives

  3. Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1008.

    House of Representatives

  4. Placed on the Union Calendar, Calendar No. 789.

    House of Representatives