H.R.2554: National Association of Registered Agents and Brokers Reform Act of 2010

About This Bill

Bill Sponsor

Bill Summary

National Association of Registered Agents and Brokers Reform Act of 2010 - Amends the Gramm-Leach-Bliley Act to reestablish the National Association of Registered Agents and Brokers (NARAB) as a nonprofit corporation to prescribe, on a multistate basis, licensing and insurance producer qualification requirements and conditions. Retains states' regulatory authority over: (1) licensing, supervision, disciplining, and setting of licensing fees...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2554.

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Mr. Scott (GA) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 2554.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
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.
May 21, 2009

Introduced in the House by David Scott (D-Ga.)

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