Registration for Index-Linked Annuities Act

United States117th CongressHR-4865House of Representatives
Updated: Jul 27, 2022

Summary

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performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.

Bill texts

Available versions
Introduced (House)View official text

1 version available

All available records shown.

Timeline

Latest companion bill action

S-3198: Registration for Index-Linked Annuities Act

Held at the desk.

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

  3. Committee Consideration and Mark-up Session Held.

    House of Representatives

  4. Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

    House of Representatives

All available records shown.