Insurance Consumer Protection and Solvency Act of 2013

Summary

Insurance Consumer Protection and Solvency Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to exclude an insurance company from the definition of a "financial company" for purposes of such Act (thus removing an insurance company from the purview of the Act). Removes from the Federal Deposit Insurance Corporation (FDIC) the authority to place insurance companies into orderly liquidation. Excludes from the definition of "eligible financial company" for purposes of risk-based assessments an insurance company subject to assessment under state law to cover the costs of state insolvency proceeding regarding an insurance company.

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Timeline

1. 8 February 2013

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 8 February 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 February 2013

   Introduced

   Introduced in House

   Source: IntroReferral

4. 20 May 2014

   Committee

   Hearings Held by the Subcommittee on Housing and Insurance Prior to Referral.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 February 2013 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 February 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 February 2013

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 February 2013

  Open at official source

Sponsors

• Bill Posey · R · Sponsor
• Kyrsten Sinema · D · Cosponsor
• Ann Wagner · R · Cosponsor
• · hsba00 · Standing

Related records

• related to ← Bureau of Consumer Financial Protection Judicial Fairness Act