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- S.4325
S.4325: Business of Insurance Regulatory Reform Act of 2020
About This Bill
- Introduced July 27, 2020
- Latest Major Action July 27, 2020
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - July 27, 2020
Bill Summary
Business of Insurance Regulatory Reform Act of 2020 This bill revises the authority of the Consumer Financial Protection Bureau (CFPB) over activities regulated by a state insurance regulator. The CFPB may not pursue enforcement 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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 27, 2020 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
July 27, 2020 |
Introduced in the Senate by Tim Scott (R-S.C.) |