United States · Bill · HR
H.R. 1478 (114th)
Policyholder Protection Act of 2015
Introduced
19 March 2015
Last action
17 November 2015 · Introduced
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Rep. Posey, Bill [R-FL-8], Rep. Sherman, Brad [D-CA-32], Del. Bordallo, Madeleine Z. [D-GU-At Large], Rep. Duncan, John J., Jr. [R-TN-2], Rep. Ross, Dennis A. [R-FL-15], Rep. Stivers, Steve [R-OH-15], Rep. Byrne, Bradley [R-AL-1], Rep. Fincher, Stephen Lee [R-TN-8], Rep. Heck, Joseph J. [R-NV-3], Rep. Jones, Walter B., Jr. [R-NC-3], Rep. Wilson, Joe [R-SC-2], Rep. Huizenga, Bill [R-MI-4], Rep. Wagner, Ann [R-MO-2], Rep. Mulvaney, Mick [R-SC-5], Rep. Pearce, Stevan [R-NM-2], Rep. Grothman, Glenn [R-WI-6], Rep. Blum, Rod [R-IA-1], Rep. Tipton, Scott R. [R-CO-3], Rep. Duffy, Sean P. [R-WI-7], Rep. Guthrie, Brett [R-KY-2], Rep. Noem, Kristi L. [R-SD-At Large], Rep. Hultgren, Randy [R-IL-14], Rep. Amodei, Mark E. [R-NV-2], Rep. Gosar, Paul A. [R-AZ-9], Rep. Webster, Daniel [R-FL-11], Rep. Joyce, David P. [R-OH-14], Rep. Roby, Martha [R-AL-2], Rep. Poliquin, Bruce [R-ME-2], Sen. Cramer, Kevin [R-ND], Rep. Barr, Andy [R-KY-6], Rep. Harris, Andy [R-MD-1], Rep. Pittenger, Robert [R-NC-9], Rep. Emmer, Tom [R-MN-6], Rep. Heck, Denny [D-WA-10], Rep. Lucas, Frank D. [R-OK-3], Rep. Delaney, John K. [D-MD-6]
Subjects
Discovery layer
Source updated
5 December 2025
Summary
Policyholder Protection Act of 2015 This bill amends the Federal Deposit Insurance Act to declare that any action of the Federal Deposit Insurance Corporation (FDIC) that requires a bank holding company to provide funds or other assets to a subsidiary depository institution is neither effective nor enforceable with respect to a savings and loan holding company that is also an insurance company, an affiliate of an insured depository institution that is an insurance company, or any other company that is an insurance company and directly or indirectly controls an insured depository institution (entities) if: such funds or assets are to be provided by the entity, and the relevant state insurance authority determines that such an action would have a materially adverse effect on the entity's financial condition. The bill declares that requiring a bank holding company that is an insurance company to serve as a source of financial strength shall be deemed the kind of action of the Board of Governors of the Federal Reserve System that requires a bank holding company to provide funds or other assets to a subsidiary depository institution for specified purposes of the Bank Holding Company Act of 1956. The Dodd-Frank Wall Street Reform and Consumer Protection Act is amended, with respect to systemic risk determination and the treatment of insurance companies and their subsidiaries, to authorize the FDIC to stand in the place of the appropriate regulatory agency and file a judicial action to place such companies into orderly rehabilitation under state law if the appropriate regulatory agency has not done so. The FDIC, when funding the orderly liquidation of an insurance company or its subsidiary, shall notify the relevant state insurance authority promptly of its intention to take a lien on the company's assets. The FDIC may not take such a lien, however, if the state insurance authority informs it that doing so would have a materially adverse effect upon the insurance company's policyholders.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
19 March 2015
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
19 March 2015
Introduced
Introduced in House
Source: IntroReferral
19 March 2015
Introduced
Introduced in House
Source: IntroReferral
3 November 2015
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
4 November 2015
Vote
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 0.
Source: Committee
4 November 2015
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
16 November 2015
Calendars
Placed on the Union Calendar, Calendar No. 260.
Source: Calendars
16 November 2015
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
16 November 2015
Passed
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8217)
Source: Floor
16 November 2015
Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8217)
Source: Floor
16 November 2015
Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 1478.
Source: Floor
16 November 2015
Floor
Considered under suspension of the rules. (consideration: CR H8217-8219)
Source: Floor
16 November 2015
Floor
Mr. Posey moved to suspend the rules and pass the bill, as amended.
Source: Floor
16 November 2015
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-338.
Source: Committee
16 November 2015
Reported
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-338.
Source: Committee
17 November 2015
Introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Referred in Senate · 17 November 2015 · Download file
- Reported in House · 16 November 2015 · Download file
- Engrossed in House · 16 November 2015 · Download file
- Introduced in House · 19 March 2015 · Download file
Documents
10 official files
Referred in Senate (text)
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Referred in Senate (text)
Referred in Senate · EN · 17 November 2015
Referred in Senate (PDF)
Referred in Senate · EN · 17 November 2015
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Engrossed in House (text)
Engrossed in House · EN · 16 November 2015
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Engrossed in House (PDF)
Engrossed in House · EN · 16 November 2015
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Reported in House (text)
Reported in House · EN · 16 November 2015
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Reported in House (PDF)
Reported in House · EN · 16 November 2015
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Passed House amended
summary · EN · 16 November 2015
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Introduced in House (text)
Introduced in House · EN · 19 March 2015
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Introduced in House (PDF)
Introduced in House · EN · 19 March 2015
ViewDownloadOpen at official source
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 19 March 2015
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Posey, Bill [R-FL-8] · R · Sponsor
- Rep. Sherman, Brad [D-CA-32] · D · Sponsor
- Del. Bordallo, Madeleine Z. [D-GU-At Large] · D · Cosponsor
- Rep. Duncan, John J., Jr. [R-TN-2] · R · Cosponsor
- Rep. Ross, Dennis A. [R-FL-15] · R · Cosponsor
- Rep. Stivers, Steve [R-OH-15] · R · Cosponsor
- Rep. Byrne, Bradley [R-AL-1] · R · Cosponsor
- Rep. Fincher, Stephen Lee [R-TN-8] · R · Cosponsor
- Rep. Heck, Joseph J. [R-NV-3] · R · Cosponsor
- Rep. Jones, Walter B., Jr. [R-NC-3] · R · Cosponsor
- Rep. Wilson, Joe [R-SC-2] · R · Cosponsor
- Rep. Huizenga, Bill [R-MI-4] · R · Cosponsor
- Rep. Wagner, Ann [R-MO-2] · R · Cosponsor
- Rep. Mulvaney, Mick [R-SC-5] · R · Cosponsor
- Rep. Pearce, Stevan [R-NM-2] · R · Cosponsor
- Rep. Grothman, Glenn [R-WI-6] · R · Cosponsor
- Rep. Blum, Rod [R-IA-1] · R · Cosponsor
- Rep. Tipton, Scott R. [R-CO-3] · R · Cosponsor
- Rep. Duffy, Sean P. [R-WI-7] · R · Cosponsor
- Rep. Guthrie, Brett [R-KY-2] · R · Cosponsor
- Rep. Noem, Kristi L. [R-SD-At Large] · R · Cosponsor
- Rep. Hultgren, Randy [R-IL-14] · R · Cosponsor
- Rep. Amodei, Mark E. [R-NV-2] · R · Cosponsor
- Rep. Gosar, Paul A. [R-AZ-9] · R · Cosponsor
- Rep. Webster, Daniel [R-FL-11] · R · Cosponsor
- Rep. Joyce, David P. [R-OH-14] · R · Cosponsor
- Rep. Roby, Martha [R-AL-2] · R · Cosponsor
- Rep. Poliquin, Bruce [R-ME-2] · R · Cosponsor
- Sen. Cramer, Kevin [R-ND] · R · Cosponsor
- Rep. Barr, Andy [R-KY-6] · R · Cosponsor
- Rep. Harris, Andy [R-MD-1] · R · Cosponsor
- Rep. Pittenger, Robert [R-NC-9] · R · Cosponsor
- Rep. Emmer, Tom [R-MN-6] · R · Cosponsor
- Rep. Heck, Denny [D-WA-10] · D · Cosponsor
- Rep. Lucas, Frank D. [R-OK-3] · R · Cosponsor
- Rep. Delaney, John K. [D-MD-6] · D · Cosponsor
- · ssbk00 · Standing
- · hsba00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/114th-congress/house-bill/1478
- Open data entity: https://api.congress.gov/v3/bill/114/hr/1478
- us · 114-hr-1478 · source updated 5 December 2025