United States · Bill · S
S. 3198 (117th)
Registration for Index-Linked Annuities Act
Introduced
4 November 2021
Last action
—
Status
Held at the desk.
Sponsors
—
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performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.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
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
6 official files
Engrossed in Senate (text)
Engrossed in Senate · EN · 6 December 2022
Engrossed in Senate (PDF)
Engrossed in Senate · EN · 6 December 2022
Passed Senate
summary · EN · 6 December 2022
Introduced in Senate (text)
Introduced in Senate · EN · 4 November 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 4 November 2021
Introduced in Senate
summary · EN · 4 November 2021
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
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