United States · Bill · S
S. 3198 (117th)
Registration for Index-Linked Annuities Act
Introduced
4 November 2021
Last action
7 December 2022 · Floor
Status
Held at the desk.
Sponsors
Sen. Smith, Tina [D-MN], Sen. Tillis, Thomas [R-NC], Sen. Van Hollen, Chris [D-MD], Sen. Hagerty, Bill [R-TN]
Subjects
Discovery layer
Source updated
14 January 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 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performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
4 November 2021
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
4 November 2021
Introduced
Introduced in Senate
Source: IntroReferral
6 December 2022
Floor
Measure laid before Senate by unanimous consent. (consideration: CR S7003-7004)
Source: Floor
6 December 2022
Passed
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Source: Floor
6 December 2022
Discharge
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Source: Discharge
6 December 2022
Committee
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Source: Committee
7 December 2022
Floor
Held at the desk.
Source: Floor
7 December 2022
Floor
Received in the House.
Source: Floor
7 December 2022
Floor
Message on Senate action sent to the House.
Source: Floor
Votes
No vote records are attached yet.
Versions
- Engrossed in Senate · 6 December 2022 · Download file
- Introduced in Senate · 4 November 2021 · Download file
Documents
6 official files
Engrossed in Senate (text)
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Engrossed in Senate (text)
Engrossed in Senate · EN · 6 December 2022
Engrossed in Senate (PDF)
Engrossed in Senate · EN · 6 December 2022
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Passed Senate
summary · EN · 6 December 2022
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Introduced in Senate (text)
Introduced in Senate · EN · 4 November 2021
ViewDownloadOpen at official source
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Introduced in Senate (PDF)
Introduced in Senate · EN · 4 November 2021
ViewDownloadOpen at official source
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Introduced in Senate
summary · EN · 4 November 2021
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
- Sen. Smith, Tina [D-MN] · D · Sponsor
- Sen. Tillis, Thomas [R-NC] · R · Sponsor
- Sen. Van Hollen, Chris [D-MD] · D · Cosponsor
- Sen. Hagerty, Bill [R-TN] · R · Cosponsor
- · ssbk00 · Standing
Related records
- related to → Registration for Index-Linked Annuities Act
- amends ← In the nature of a substitute.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3198
- Open data entity: https://api.congress.gov/v3/bill/117/s/3198
- us · 117-s-3198 · source updated 14 January 2025