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United States · Bill · HR

H.R. 6994 (116th)

Registration for Index-Linked Annuities Act

referredUnited States· United States Congress· EN

Introduced

22 May 2020

Last action

22 May 2020 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Phillips, Dean [D-MN-3], Rep. Stivers, Steve [R-OH-15], Rep. Huizenga, Bill [R-MI-4], Rep. Foster, Bill [D-IL-11], Rep. Mooney, Alexander X. [R-WV-2], Rep. Hollingsworth, Trey [R-IN-9], Rep. Perlmutter, Ed [D-CO-7], Rep. Heck, Denny [D-WA-10], Rep. Rouda, Harley [D-CA-48], Rep. Sherman, Brad [D-CA-32], Rep. Wagner, Ann [R-MO-2]

Subjects

Discovery layer

Source updated

5 December 2025

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. 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 index rate or other financial tracking vehicle, (2) are subject to modification by a financial calculation mechanism, and (3) may be subject to a market value adjustment if amounts are withdrawn early.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 May 2020

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 22 May 2020

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 22 May 2020

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 22 May 2020

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  • Introduced in House (PDF)

    Introduced in House · EN · 22 May 2020

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 22 May 2020

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Sponsors

Related records

Sources

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