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Transparency in Federal Home Loan Bank Membership Act of 2020

USA116th CongressHR-8872| House 
| Updated: 12/4/2020
Trey Hollingsworth

Trey Hollingsworth

Republican Representative

Indiana

Cosponsors (1)
Denny Heck (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Transparency in Federal Home Loan Bank Membership Act of 2020 This bill allows a captive insurance company—an insurer that primarily insures its parent company and affiliates—to apply for membership with a Federal Home Loan Bank. To qualify for membership, the parent company of a captive insurance company must comply with certain investment requirements and capital standards.
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Timeline
Dec 4, 2020
Introduced in House
Dec 4, 2020
Referred to the House Committee on Financial Services.
  • December 4, 2020
    Introduced in House
  • December 4, 2020
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Accounting and auditingAdministrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsCongressional oversightFederal Housing Finance AgencyGovernment information and archivesGovernment studies and investigationsHousing finance and home ownershipInsurance industry and regulationPerformance measurement

Transparency in Federal Home Loan Bank Membership Act of 2020

USA116th CongressHR-8872| House 
| Updated: 12/4/2020
Transparency in Federal Home Loan Bank Membership Act of 2020 This bill allows a captive insurance company—an insurer that primarily insures its parent company and affiliates—to apply for membership with a Federal Home Loan Bank. To qualify for membership, the parent company of a captive insurance company must comply with certain investment requirements and capital standards.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 4, 2020
Introduced in House
Dec 4, 2020
Referred to the House Committee on Financial Services.
  • December 4, 2020
    Introduced in House
  • December 4, 2020
    Referred to the House Committee on Financial Services.
Trey Hollingsworth

Trey Hollingsworth

Republican Representative

Indiana

Cosponsors (1)
Denny Heck (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingAdministrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsCongressional oversightFederal Housing Finance AgencyGovernment information and archivesGovernment studies and investigationsHousing finance and home ownershipInsurance industry and regulationPerformance measurement