International Insurance Standards Act of 2018
(Sec. 3) This bill prohibits parties representing the federal government in an international insurance agreement from agreeing to any standard unless it recognizes the existing U.S. system of regulation as satisfying that standard.
(Sec. 4) In developing international insurance standards, the parties must coordinate with state insurance regulators.
(Sec. 5) Parties representing the United States in such proceedings must consult with and notify Congress regarding the intention to participate in the negotiations, the nature and objectives of the negotiations, and the details of the agreement.
(Sec. 6) Before entering into any agreement, the parties must report to Congress regarding the implementation and impact of the agreement.
(Sec. 7) The bill amends the Federal Insurance Office Act of 2010 to modify requirements for an international agreement entered into by the Department of the Treasury's Federal Insurance Office. Such an agreement must only apply on a prospective basis. In developing an agreement, the parties must coordinate with state insurance regulators. Congress has the power to review and disapprove by joint resolution any agreement.
[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4537 Introduced in House (IH)]
<DOC>
115th CONGRESS
1st Session
H. R. 4537
To preserve the State-based system of insurance regulation and provide
greater oversight of and transparency on international insurance
standards setting processes, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 4, 2017
Mr. Duffy (for himself, Mr. Heck, Mr. Sherman, Mr. Ross, Mr. Budd, Mr.
Capuano, Mr. Rothfus, and Ms. Tenney) introduced the following bill;
which was referred to the Committee on Financial Services, and in
addition to the Committee on Rules, for a period to be subsequently
determined by the Speaker, in each case for consideration of such
provisions as fall within the jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To preserve the State-based system of insurance regulation and provide
greater oversight of and transparency on international insurance
standards setting processes, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``International Insurance Standards
Act of 2017''.
SEC. 2. CONGRESSIONAL FINDINGS.
The Congress finds the following:
(1) The State-based system for insurance regulation in the
United States has served American consumers well for more than
150 years and has fostered an open and competitive marketplace
with a diversity of insurance products to the benefit of
policyholders and consumers.
(2) Protecting policyholders by regulating to ensure an
insurer's ability to pay claims has been the hallmark of the
successful United States system and should be the paramount
objective of domestic prudential regulation and emerging
international standards.
(3) The Dodd-Frank Wall Street Reform and Consumer
Protection Act (Public Law 111-203) reaffirmed the State-based
insurance regulatory system.
SEC. 3. REQUIREMENT THAT INSURANCE STANDARDS REFLECT UNITED STATES
POLICY.
(a) Requirement.--Parties representing the Federal Government in
any international regulatory, standard-setting, or supervisory forum or
in any negotiations of any international agreements relating to the
prudential aspects of insurance shall not agree to, accede to, accept,
or establish, and shall use their voice and shall vote to oppose, any
proposed agreement or standard, including proposals developed by the
International Association of Insurance Supervisors (or a successor
entity), unless such proposed agreement or standard--
(1) is consistent with and reflective of existing Federal
and State laws, regulations, and policies on regulation of
insurance, including the primacy of policyholder protection in
solvency regulation; and
(2) recognizes existing Federal and State laws,
regulations, and policies on the regulation of insurance as
satisfying such proposals.
(b) Federal Insurance Office Functions.--Subparagraph (E) of
section 313(c)(1) of title 31, United States Code, is amended by
inserting ``Department of the Treasury of the'' before ``United
States''.
(c) Negotiations.--Nothing in this section shall be construed to
prevent participation in negotiations of any proposed agreement or
standard.
SEC. 4. STATE INSURANCE REGULATOR INVOLVEMENT IN INTERNATIONAL STANDARD
SETTING.
In developing international insurance standards pursuant to section
3, and throughout the negotiations of such standards, parties
representing the Federal Government shall, on matters related to
insurance, closely consult, coordinate with and include in such
meetings, State insurance commissioners or, at the option of the State
insurance commissioners, designees of the insurance commissioners
acting at their direction.
SEC. 5. CONSULTATION WITH CONGRESS.
(a) Consultation.--Before initiating negotiations to enter into an
agreement under section 3, during such negotiations, and before
entering into any such agreement, parties representing the Federal
Government shall provide written notice to and consult with the
Committee on Financial Services of the House of Representatives and the
Committee on Banking, Housing, and Urban Affairs of the Senate, and any
other relevant committees of jurisdiction, regarding--
(1) the intention of the United States to participate or
enter into such negotiations;
(2) the nature and objectives of the negotiations;
(3) the implementation of the agreement, including how it
is consistent with and does not materially differ from or
otherwise affect Federal or State laws or regulations;
(4) the impact on the competitiveness of United States
insurers; and
(5) the impact on United States consumers.
(b) Submission and Layover Provisions.--Parties representing the
Federal Government may not sign the final text or otherwise agree to,
accept, or establish an agreement under section 3 that would not have
the force and effect of law before--
(1) such parties submit to the committees specified in
subsection (a), on a day in which both Houses of Congress are
in session, a copy of the final legal text of the agreement;
and
(2) the later of--
(A) the expiration of 90-day period beginning on
the date on which the copy of the final legal text of
the agreement is submitted to the congressional
committees under paragraph (1); or
(B) if the President has vetoed a joint resolution
described in section 6(b) relating to the agreement,
the expiration of the 15-day period described in
section 6(a)(2).
(c) Delivery of Documents to Both Houses.--Whenever, pursuant to
this section, written notice or a document is required to be
transmitted to the Congress, copies of such notice or document shall be
delivered to both Houses of Congress on the same day and shall be
delivered to the Clerk of the House of Representatives if the House is
not in session and to the Secretary of the Senate if the Senate is not
in session.
SEC. 6. CONGRESSIONAL REVIEW.
(a) Disapproval.--
(1) In general.--In the case of any agreement under section
3 that would not have the force and effect of law, the United
States shall not be considered a party to such agreement if,
before the expiration of the 90-day period beginning on the day
that the final legal text of the agreement is submitted to the
Congress pursuant to section 5(b)(1), a joint resolution
described in subsection (b) is enacted into law.
(2) Veto.--If the President vetoes the joint resolution,
the joint resolution shall be treated as enacted into law
before the end of the 90-day period under paragraph (1) if both
Houses of Congress vote to override such veto on or before the
later of--
(A) the last day of such 90-day period; or
(B) the last day of the 15-day period (excluding
any day described in subsection (h)) beginning on the
date the Congress receives the veto message from the
President.
(b) Contents of Resolution.--For purposes of this section, the term
``resolution'' means only a joint resolution of the two Houses of the
Congress, that is introduced during the 60-day period beginning upon
the submission to the Congress pursuant to section 5(b)(1) of the
agreement to which such resolution relates, and the matter after the
resolving clause of which is as follows: ``That the Congress does not
approve the agreement transmitted to the Congress pursuant to section
5(b)(1) of the International Insurance Standards Act of 2017, on
______.'', the blank space being filled with the appropriate date.
(c) Reference to Committees.--All resolutions introduced in the
House of Representatives shall be referred to the Committee on
Financial Services and all resolutions introduced in the Senate shall
be referred to the Committee on Banking Housing and Urban Affairs.
(d) Discharge of Committees.--
(1) In general.--If the committee of either House to which
a resolution has been referred has not reported it at the end
of 30 days after its introduction, not counting any day which
is excluded under subsection (h), it is in order to move either
to discharge the committee from further consideration of the
resolution or to discharge the committee from further
consideration of any other resolution introduced with respect
to the same matter, except that a motion to discharge--
(A) may only be made on the second legislative day
after the calendar day on which the Member making the
motion announces to the House his intention to do so;
and
(B) is not in order after the committee has
reported a resolution with respect to the same matter.
(2) Privilege.--A motion to discharge under paragraph (1)
may be made only by an individual favoring the resolution, and
is highly privileged in the House and privileged in the Senate;
and debate thereon shall be limited to not more than 1 hour,
the time to be divided in the House equally between those
favoring and those opposing the resolution, and to be divided
in the Senate equally between, and controlled by, the majority
leader and the minority leader or their designees. An amendment
to the motion is not in order, and it is not in order to move
to reconsider the vote by which the motion is agreed to or
disagreed to.
(e) Floor Consideration in the House.--
(1) In general.--A motion in the House of Representatives
to proceed to the consideration of a resolution shall be highly
privileged and not debatable. An amendment to the motion shall
not be in order, nor shall it be in order to move to reconsider
the vote by which the motion is agreed to or disagreed to.
(2) Debate; no reconsideration.--Debate in the House of
Representatives on a resolution shall be limited to not more
than 20 hours, which shall be divided equally between those
favoring and those opposing the resolution. A motion further to
limit debate shall not be debatable. No amendment to, or motion
to recommit, the resolution shall be in order. It shall not be
in order to move to reconsider the vote by which a resolution
is agreed to or disagreed to.
(3) Consideration of other motions.--Motions to postpone,
made in the House of Representatives with respect to the
consideration of a resolution, and motions to proceed to the
consideration of other business, shall be decided without
debate.
(4) Appeals to decisions of chair.--All appeals from the
decisions of the Chair relating to the application of the Rules
of the House of Representatives to the procedure relating to a
resolution shall be decided without debate.
(5) Applicability of rules.--Except to the extent
specifically provided in the preceding provisions of this
subsection, consideration of a resolution in the House of
Representatives shall be governed by the Rules of the House of
Representatives applicable to other resolutions in similar
circumstances.
(f) Floor Consideration in the Senate.--
(1) Motion to proceed.--A motion in the Senate to proceed
to the consideration of a resolution shall be privileged. An
amendment to the motion shall not be in order, nor shall it be
in order to move to reconsider the vote by which the motion is
agreed to or disagreed to.
(2) Debate on resolution.--Debate in the Senate on a
resolution, and all debatable motions and appeals in connection
therewith, shall be limited to not more than 20 hours, to be
equally divided between, and controlled by, the majority leader
and the minority leader or their designees.
(3) Debate on motion or appeal.--Debate in the Senate on
any debatable motion or appeal in connection with a resolution
shall be limited to not more than 1 hour, to be equally divided
between, and controlled by, the mover and the manager of the
resolution, except that in the event the manager of the
resolution is in favor of any such motion or appeal, the time
in opposition thereto, shall be controlled by the minority
leader or his designee. Such leaders, or either of them, may,
from time under their control on the passage of a resolution,
allot additional time to any Senator during the consideration
of any debatable motion or appeal.
(4) Motion to limit debate.--A motion in the Senate to
further limit debate on a resolution, debatable motion, or
appeal is not debatable. No amendment to, or motion to
recommit, a resolution is in order in the Senate.
(g) Procedures in the Senate.--
(1) Procedures.--Except as otherwise provided in this
section, the following procedures shall apply in the Senate to
a resolution to which this section applies:
(A)(i) Except as provided in clause (ii), a
resolution that has passed the House of Representatives
shall, when received in the Senate, be referred to the
Committee on Banking, Housing, and Urban Affairs for
consideration in accordance with this section.
(ii) If a resolution to which this section applies
was introduced in the Senate before receipt of a
resolution that has passed the House of
Representatives, the resolution from the House of
Representatives shall, when received in the Senate, be
placed on the calendar. If this clause applies, the
procedures in the Senate with respect to a resolution
introduced in the Senate that contains the identical
matter as the resolution that passed the House of
Representatives shall be the same as if no resolution
had been received from the House of Representatives,
except that the vote on passage in the Senate shall be
on the resolution that passed the House of
Representatives.
(B) If the Senate passes a resolution before
receiving from the House of Representatives a joint
resolution that contains the identical matter, the
joint resolution shall be held at the desk pending
receipt of the joint resolution from the House of
Representatives. Upon receipt of the joint resolution
from the House of Representatives, such joint
resolution shall be deemed to be read twice,
considered, read the third time, and passed.
(2) Non-identical resolutions.--If the texts of joint
resolutions described in this section concerning any matter are
not identical--
(A) the Senate shall vote passage on the resolution
introduced in the Senate; and
(B) the text of the joint resolution passed by the
Senate shall, immediately upon its passage (or, if
later, upon receipt of the joint resolution passed by
the House), be substituted for the text of the joint
resolution passed by the House of Representatives, and
such resolution, as amended, shall be returned with a
request for a conference between the two Houses.
(3) Consideration of veto message.--Consideration in the
Senate of any veto message with respect to a joint resolution
described in subsection (b), including consideration of all
debatable motions and appeals in connection therewith, shall be
limited to 10 hours, to be equally divided between, and
controlled by, the majority leader and the minority leader or
their designees.
(h) Computation of Period.--For purposes of subsection (a)(1) of
this section and subsection (b)(2) of section 5, the 90-day period
referred to in such subsections shall be computed by excluding--
(1) the days on which either House is not in session
because of an adjournment of more than 3 days to a day certain
or an adjournment of the Congress sine die; and
(2) any Saturday and Sunday, not excluded under paragraph
(1), when either House is not in session.
(i) Exercise of Rulemaking Power.--This section is enacted by the
Congress--
(1) as an exercise of the rulemaking power of the House of
Representatives and the Senate, respectively, and as such they
are deemed a part of the rules of each House, respectively, but
applicable only with respect to the procedure to be followed in
that House in the case of resolutions described in subsection
(b); and they supersede other rules only to the extent that
they are inconsistent therewith; and
(2) with full recognition of the constitutional right of
either House to change the rules (so far as relating to the
procedure of that House) at any time, in the same manner and to
the same extent as in the case of any other rule of that House.
(j) Rule of Construction.--This section, and any failure to enact
a resolution under this section, shall not be construed to be an
endorsement of or to establish or expand any authority to enter into or
implement an agreement described in section 3 that is not otherwise
provided for under Federal law.
SEC. 7. COVERED AGREEMENTS.
(a) Preemption of State Insurance Measures.--Subsection (f) of
section 313 of title 31, United States Code, is amended by striking
``Director'' each place such term appears and inserting ``Secretary''.
(b) Definition.--Paragraph (2) of section 313(r) of title 31,
United States Code, is amended--
(1) in subparagraph (A), by striking ``and'' at the end;
(2) in subparagraph (B), by striking the period at the end
and inserting ``; and''; and
(3) by adding at the end the following new subparagraph:
``(C) applies only on a prospective basis.''.
(c) Consultation; Submission and Layover; Congressional Review.--
Section 314 of title 31, United States Code is amended--
(1) in subsection (b)--
(A) in paragraph (2)(C), by striking ``laws'' and
inserting the following: ``and Federal law, and the
nature of any changes in the laws of the United States
or the administration of such laws that would be
required to carry out a covered agreement''; and
(B) by adding at the end the following new
paragraph:
``(3) Access to negotiating texts and other documents.--
Congressional Committees and staff with proper security
clearances shall be given access to United States negotiating
proposals, consolidated draft texts, and other pertinent
documents related to the negotiations, including classified
materials.'';
(2) in subsection (c)--
(A) in the matter preceding paragraph (1), by
striking ``only if--'' and inserting the following:
``only if, before signing the final legal text or
otherwise entering into the agreement--'';
(B) in paragraph (1), by striking ``congressional
committees specified in subsection (b)(1)'' and
inserting ``congressional committees and to staff with
proper security clearances''; and
(C) by striking paragraph (2) and inserting the
following new paragraph:
``(2)(A) the 90-day period beginning on the date on which
the copy of the final legal text of the agreement is submitted
under paragraph (1) to the congressional committees and staff
has expired; and
``(B) if the President has vetoed a joint resolution
described in subsection (d)(2) relating to the agreement, the
15-day period described in subsection (d)(1)(B)(ii) has
expired.''; and
(3) by adding at the end the following new subsections:
``(d) Congressional Review.--
``(1) Disapproval.--
``(A) In general.--A covered agreement shall have
no force and effect in the United States if, before the
expiration of the 90-day period beginning on the day
that the final legal text of the agreement is submitted
to the Congress pursuant to subsection (c), a joint
resolution described in paragraph (2) is enacted into
law.
``(B) Veto.--If the President vetoes the joint
resolution, the joint resolution shall be treated as
enacted into law before the end of the 90-day period
under subparagraph (A) if both Houses of Congress vote
to override such veto on or before the later of--
``(i) the last day of such 90-day period;
or
``(ii) the last day of the 15-day period
(excluding any day described in paragraph (8))
beginning on the date the Congress receives the
veto message from the President.
``(2) Contents of resolutions.--For purposes of this
subsection, the term `resolution' means only a joint resolution
of the two Houses of the Congress, that is introduced during
the 60-day period beginning upon the submission to the Congress
pursuant to subsection (c) of the covered agreement to which
such resolution relates, and the matter after the resolving
clause of which is as follows: `That the Congress does not
approve the covered agreement transmitted to the Congress
pursuant to section 314(c) of title 31, United States Code, on
______.', the blank space being filled with the appropriate
date.
``(3) Reference to committees.--All resolutions introduced
in the House of Representatives shall be referred to the
Committee on Financial Services and all resolutions introduced
in the Senate shall be referred to the Committee on Banking
Housing and Urban Affairs.
``(4) Discharge of committees.--
``(A) In general.--If the committee of either House
to which a resolution has been referred has not
reported it at the end of 30 days after its
introduction, not counting any day which is excluded
under paragraph (8), it is in order to move either to
discharge the committee from further consideration of
the resolution or to discharge the committee from
further consideration of any other resolution
introduced with respect to the same matter, except that
a motion to discharge--
``(i) may only be made on the second
legislative day after the calendar day on which
the Member making the motion announces to the
House his intention to do so; and
``(ii) is not in order after the committee
has reported a resolution with respect to the
same matter.
``(B) Privilege.--A motion to discharge under
subparagraph (A) may be made only by an individual
favoring the resolution, and is highly privileged in
the House and privileged in the Senate; and debate
thereon shall be limited to not more than 1 hour, the
time to be divided in the House equally between those
favoring and those opposing the resolution, and to be
divided in the Senate equally between, and controlled
by, the majority leader and the minority leader or
their designees. An amendment to the motion is not in
order, and it is not in order to move to reconsider the
vote by which the motion is agreed to or disagreed to.
``(5) Floor consideration in the house.--
``(A) In general.--A motion in the House of
Representatives to proceed to the consideration of a
resolution shall be highly privileged and not
debatable. An amendment to the motion shall not be in
order, nor shall it be in order to move to reconsider
the vote by which the motion is agreed to or disagreed
to.
``(B) Debate; no reconsideration.--Debate in the
House of Representatives on a resolution shall be
limited to not more than 20 hours, which shall be
divided equally between those favoring and those
opposing the resolution. A motion further to limit
debate shall not be debatable. No amendment to, or
motion to recommit, the resolution shall be in order.
It shall not be in order to move to reconsider the vote
by which a resolution is agreed to or disagreed to.
``(C) Consideration of other motions.--Motions to
postpone, made in the House of Representatives with
respect to the consideration of a resolution, and
motions to proceed to the consideration of other
business, shall be decided without debate.
``(D) Appeals to decisions of chair.--All appeals
from the decisions of the Chair relating to the
application of the Rules of the House of
Representatives to the procedure relating to a
resolution shall be decided without debate.
``(E) Applicability of rules.--Except to the extent
specifically provided in the preceding provisions of
this paragraph, consideration of a resolution in the
House of Representatives shall be governed by the Rules
of the House of Representatives applicable to other
resolutions in similar circumstances.
``(6) Floor consideration in the senate.--
``(A) Motion to proceed.--A motion in the Senate to
proceed to the consideration of a resolution shall be
privileged. An amendment to the motion shall not be in
order, nor shall it be in order to move to reconsider
the vote by which the motion is agreed to or disagreed
to.
``(B) Debate on resolution.--Debate in the Senate
on a resolution, and all debatable motions and appeals
in connection therewith, shall be limited to not more
than 20 hours, to be equally divided between, and
controlled by, the majority leader and the minority
leader or their designees.
``(C) Debate on motion or appeal.--Debate in the
Senate on any debatable motion or appeal in connection
with a resolution shall be limited to not more than 1
hour, to be equally divided between, and controlled by,
the mover and the manager of the resolution, except
that in the event the manager of the resolution is in
favor of any such motion or appeal, the time in
opposition thereto, shall be controlled by the minority
leader or his designee. Such leaders, or either of
them, may, from time under their control on the passage
of a resolution, allot additional time to any Senator
during the consideration of any debatable motion or
appeal.
``(D) Motion to limit debate.--A motion in the
Senate to further limit debate on a resolution,
debatable motion, or appeal is not debatable. No
amendment to, or motion to recommit, a resolution is in
order in the Senate.
``(7) Procedures in the senate.--
``(A) Procedures.--Except as otherwise provided in
this section, the following procedures shall apply in
the Senate to a resolution to which this subsection
applies:
``(i)(I) Except as provided in subclause
(II), a resolution that has passed the House of
Representatives shall, when received in the
Senate, be referred to the Committee on
Banking, Housing, and Urban Affairs for
consideration in accordance with this
subsection.
``(II) If a resolution to which this
subsection applies was introduced in the Senate
before receipt of a resolution that has passed
the House of Representatives, the resolution
from the House of Representatives shall, when
received in the Senate, be placed on the
calendar. If this subclause applies, the
procedures in the Senate with respect to a
resolution introduced in the Senate that
contains the identical matter as the resolution
that passed the House of Representatives shall
be the same as if no resolution had been
received from the House of Representatives,
except that the vote on passage in the Senate
shall be on the resolution that passed the
House of Representatives.
``(ii) If the Senate passes a resolution
before receiving from the House of
Representatives a joint resolution that
contains the identical matter, the joint
resolution shall be held at the desk pending
receipt of the joint resolution from the House
of Representatives. Upon receipt of the joint
resolution from the House of Representatives,
such joint resolution shall be deemed to be
read twice, considered, read the third time,
and passed.
``(B) Non-identical resolutions.--If the texts of
joint resolutions described in this subsection
concerning any matter are not identical--
``(i) the Senate shall vote passage on the
resolution introduced in the Senate; and
``(ii) the text of the joint resolution
passed by the Senate shall, immediately upon
its passage (or, if later, upon receipt of the
joint resolution passed by the House), be
substituted for the text of the joint
resolution passed by the House of
Representatives, and such resolution, as
amended, shall be returned with a request for a
conference between the two Houses.
``(C) Consideration of veto message.--Consideration
in the Senate of any veto message with respect to a
joint resolution described in paragraph (2), including
consideration of all debatable motions and appeals in
connection therewith, shall be limited to 10 hours, to
be equally divided between, and controlled by, the
majority leader and the minority leader or their
designees.
``(8) Computation of period.--For purposes of paragraph
(1)(A) of this subsection and paragraph (2)(A) of subsection
(c), the 90-day period referred to in such paragraph shall be
computed by excluding--
``(A) the days on which either House is not in
session because of an adjournment of more than 3 days
to a day certain or an adjournment of the Congress sine
die; and
``(B) any Saturday and Sunday, not excluded under
subparagraph (A), when either House is not in session.
``(9) Exercise of rulemaking power.--This subsection is
enacted by the Congress--
``(A) as an exercise of the rulemaking power of the
House of Representatives and the Senate, respectively,
and as such they are deemed a part of the rules of each
House, respectively, but applicable only with respect
to the procedure to be followed in that House in the
case of resolutions described in paragraph (2); and
they supersede other rules only to the extent that they
are inconsistent therewith; and
``(B) with full recognition of the constitutional
right of either House to change the rules (so far as
relating to the procedure of that House) at any time,
in the same manner and to the same extent as in the
case of any other rule of that House.
``(e) Requirements for Consultations.--Throughout the negotiations
of a covered agreement, parties representing the Federal Government
shall--
``(1) closely consult and coordinate with, and include in
such meetings, State insurance commissioners or, at the option
of the State insurance commissioners, designees of the
insurance commissioners acting at their direction; and
``(2) closely consult with State and local governments,
consumer organizations, and representatives of the insurance
industry and policyholders''.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 4.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-804, Part I.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-804, Part I.
Committee on Rules discharged.
Committee on Rules discharged.
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Placed on the Union Calendar, Calendar No. 623.
Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H6007-6010)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4537.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6007-6008)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6007-6008)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.