Legis Daily

Registration for Index-Linked Annuities Act

USA117th CongressHR-4865| House 
| Updated: 7/27/2022
Alma S. Adams

Alma S. Adams

Democratic Representative

North Carolina

Cosponsors (36)
Al Lawson (Democratic)David Kustoff (Republican)Sylvia R. Garcia (Democratic)Ritchie Torres (Democratic)Alexander X. Mooney (Republican)Joyce Beatty (Democratic)Emanuel Cleaver (Democratic)Warren Davidson (Republican)Carolyn B. Maloney (Democratic)Van Taylor (Republican)Bill Foster (Democratic)Young Kim (Republican)William R. Timmons (Republican)Pete Sessions (Republican)Madeleine Dean (Democratic)Jake Auchincloss (Democratic)J. French Hill (Republican)Barry Loudermilk (Republican)David P. Joyce (Republican)Stephen F. Lynch (Democratic)Ann Wagner (Republican)Richard Hudson (Republican)Roger Williams (Republican)Gregory W. Meeks (Democratic)Dean Phillips (Democratic)Trey Hollingsworth (Republican)Brad Sherman (Democratic)Blaine Luetkemeyer (Republican)Anthony Gonzalez (Republican)Cynthia Axne (Democratic)Nydia M. Velázquez (Democratic)Bill Huizenga (Republican)Josh Gottheimer (Democratic)Ed Perlmutter (Democratic)Ted Budd (Republican)Bryan Steil (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Registration for Index-Linked Annuities Act This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision. The bill defines a registered index-linked annuity as an annuity that is deemed a security, that must be registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.
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Timeline

Bill from Previous Congress

HR 116-6994
Registration for Index-Linked Annuities Act
Jul 30, 2021
Introduced in House
Jul 30, 2021
Referred to the House Committee on Financial Services.
Jul 27, 2022
Committee Consideration and Mark-up Session Held.
Jul 27, 2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Dec 7, 2022

Latest Companion Bill Action

S 117-3198
Held at the desk.
  • Bill from Previous Congress

    HR 116-6994
    Registration for Index-Linked Annuities Act


  • July 30, 2021
    Introduced in House


  • July 30, 2021
    Referred to the House Committee on Financial Services.


  • July 27, 2022
    Committee Consideration and Mark-up Session Held.


  • July 27, 2022
    Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.


  • December 7, 2022

    Latest Companion Bill Action

    S 117-3198
    Held at the desk.

Finance and Financial Sector

Related Bills

  • S 117-3198: Registration for Index-Linked Annuities Act
Insurance industry and regulationInterest, dividends, interest ratesLicensing and registrationsPerformance measurementSecuritiesSecurities and Exchange Commission (SEC)

Registration for Index-Linked Annuities Act

USA117th CongressHR-4865| House 
| Updated: 7/27/2022
Registration for Index-Linked Annuities Act This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision. The bill defines a registered index-linked annuity as an annuity that is deemed a security, that must be registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-6994
Registration for Index-Linked Annuities Act
Jul 30, 2021
Introduced in House
Jul 30, 2021
Referred to the House Committee on Financial Services.
Jul 27, 2022
Committee Consideration and Mark-up Session Held.
Jul 27, 2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Dec 7, 2022

Latest Companion Bill Action

S 117-3198
Held at the desk.
  • Bill from Previous Congress

    HR 116-6994
    Registration for Index-Linked Annuities Act


  • July 30, 2021
    Introduced in House


  • July 30, 2021
    Referred to the House Committee on Financial Services.


  • July 27, 2022
    Committee Consideration and Mark-up Session Held.


  • July 27, 2022
    Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.


  • December 7, 2022

    Latest Companion Bill Action

    S 117-3198
    Held at the desk.
Alma S. Adams

Alma S. Adams

Democratic Representative

North Carolina

Cosponsors (36)
Al Lawson (Democratic)David Kustoff (Republican)Sylvia R. Garcia (Democratic)Ritchie Torres (Democratic)Alexander X. Mooney (Republican)Joyce Beatty (Democratic)Emanuel Cleaver (Democratic)Warren Davidson (Republican)Carolyn B. Maloney (Democratic)Van Taylor (Republican)Bill Foster (Democratic)Young Kim (Republican)William R. Timmons (Republican)Pete Sessions (Republican)Madeleine Dean (Democratic)Jake Auchincloss (Democratic)J. French Hill (Republican)Barry Loudermilk (Republican)David P. Joyce (Republican)Stephen F. Lynch (Democratic)Ann Wagner (Republican)Richard Hudson (Republican)Roger Williams (Republican)Gregory W. Meeks (Democratic)Dean Phillips (Democratic)Trey Hollingsworth (Republican)Brad Sherman (Democratic)Blaine Luetkemeyer (Republican)Anthony Gonzalez (Republican)Cynthia Axne (Democratic)Nydia M. Velázquez (Democratic)Bill Huizenga (Republican)Josh Gottheimer (Democratic)Ed Perlmutter (Democratic)Ted Budd (Republican)Bryan Steil (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 117-3198: Registration for Index-Linked Annuities Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Insurance industry and regulationInterest, dividends, interest ratesLicensing and registrationsPerformance measurementSecuritiesSecurities and Exchange Commission (SEC)