United States · Bill · S
S. 2702 (115th)
Business of Insurance Regulatory Reform Act of 2018
Introduced
18 April 2018
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
11 August 2025
Summary
Business of Insurance Regulatory Reform Act of 2018 This bill amends the Consumer Financial Protection Act of 2010 to revise the authority of the Consumer Financial Protection Bureau (CFPB) over activities regulated by a state insurance regulator. The CFPB may not enforce the Act against any person regulated by a state insurance regulator and offering a consumer financial product or service, to the extent that person is engaged in the business of insurance. If a person engaged in the business of insurance is regulated by a state insurance regulator but otherwise subject to the Act, the CFPB must construe its authority narrowly.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 18 April 2018
Introduced in Senate (PDF)
Introduced in Senate · EN · 18 April 2018
Introduced in Senate
summary · EN · 18 April 2018
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/2702
- Open data entity: https://api.congress.gov/v3/bill/115/s/2702