Top Legislation - View All
Latest Action: 05/09/2007 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Bill TextTo prevent the nondisclosure of employer-owned life insurance coverage of employees as an unfair trade practice under the Federal Trade Commission Act, and for other purposes. 1/4/2007--Introduced. Life Insurance Employee Notification Act - Requires an employer to notify an employee in writing upon the purchase of an employer-owned insurance policy on the life of such employee for a beneficiary other than the individual who is the subject of the policy. Declares that violation of this Act constitutes an unfair method of competition and an unfair or deceptive act or practice under the Federal Trade Commission Act.
Also tagged in: Administrative fees, Business, Casualty insurance, Commercial arbitration, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Data banks, Federal preemption, Finance, Financial statements, Government information, Government paperwork, Insurance, Insurance agents, Insurance companies, Insurance premiums, Interstate compacts, Interstate relations, Law, Licenses, Property insurance, Reinsurance, State and local government, State laws, State taxation, Tax returns, Taxation, Technology
Latest Action: 03/20/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to streamline the regulation of nonadmitted insurance and reinsurance, and for other purposes. 3/20/2007--Introduced. Nonadmitted and Reinsurance Reform Act of 2007 - Prohibits any state other than the home state of an insured from requiring a premium tax payment for nonadmitted insurance. Authorizes states to enter into procedures to allocate among themselves the premium taxes paid to an insured's home state. Allows an insured's home state to require surplus lines brokers and certain insureds to file annually tax allocation reports detailing the portion of the nonadmitted insurance premiums attributable to properties, risks, or exposures located in each state. Declares that Congress intends that each state adopt a nationwide or uniform procedure that provides for the reporting, payment, collection, and allocation of premium taxes for nonadmitted insurance. Subjects nonadmitted insurance solely to the regulatory requirements of the insured's [...] show full description
Also tagged in: Administrative fees, Business, Casualty insurance, Commercial arbitration, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Data banks, Federal preemption, Finance, Financial statements, Government information, Government paperwork, Insurance, Insurance agents, Insurance companies, Insurance premiums, Interstate compacts, Interstate relations, Law, Licenses, Property insurance, Reinsurance, State and local government, State laws, State taxation, Tax returns, Taxation, Technology
Latest Action: 06/26/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo streamline the regulation of nonadmitted insurance and reinsurance, and for other purposes. 6/25/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Nonadmitted and Reinsurance Reform Act of 2007 - Title I: Nonadmitted Insurance - (Sec. 101) Prohibits any state other than the home state of an insured from requiring a premium tax payment for nonadmitted insurance. Authorizes states to enter into procedures to allocate among themselves the premium taxes paid to an insured's home state. Declares that Congress intends that each state adopt a nationwide or uniform procedure that provides for the reporting, payment, collection, and allocation of premium taxes for nonadmitted insurance. Allows an insured's home state to require surplus lines brokers and certain insureds to file [...] show full description
Also tagged in: Administrative procedure, Affiliated corporations, Automobile insurance, Bank accounts, Bank examination, Bank holding companies, Bank loans, Bank mergers, Bank records, Banks and banking, Brokers, Business, Business records, Casualty insurance, Civil rights, Community development banking, Consent decrees, Consumer credit, Consumers, Data banks, Department of Housing and Urban Development, Department of the Treasury, Depressed areas, Discrimination in consumer credit, Economic policy, Executive departments, Fair housing, Federal Deposit Insurance Corporation, Federal reserve system, Finance, Financial institutions, Financial services, Fines (Penalties), Government corporations, Government information, Government paperwork, Government publicity, Housing, Information disclosure (Securities law), Injunctions, Insurance, Insurance agents, Insurance companies, Insurance premiums, Investment advisers, Investments, Law, Liability (Law), Minorities, Mortgage banks, Mortgage guaranty insurance, Mortgages, Mutual funds, Nonbank banks, Property insurance, Public meetings, Racial discrimination, Rural affairs, Securities industry, Securities regulation, Small business, Technology, Usury
Latest Action: 03/01/2007 - Referred to the House Committee on Financial Services. Bill TextTo enhance the availability of capital and credit for all citizens and communities, to ensure that community reinvestment keeps pace as banks, securities firms, and other financial service providers become affiliates as a result of the enactment of the Gramm-Leach-Bliley Act, and for other purposes. 3/1/2007--Introduced. Community Reinvestment Modernization Act of 2007 - Repeals specified revisions to regulations governing the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Director of the Office of Thrift Supervision. Reinstates banking agency regulations in effect before the publication of such revisions. Amends the Bank Holding Company Act of 1956 (BHCA) to subject to the Community Reinvestment Act of 1977 (CRA) nonbank affiliates of bank holding companies that engage in lending or offering banking products or services. Amends the CRA to require a rating reduction [...] show full description
Latest Action: 02/11/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend the Terrorism Risk Insurance Act of 2002, to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 2/11/2008--Introduced. Terrorism Risk Insurance Improvement Act of 2008 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.
Latest Action: 03/28/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill TextTo amend the Terrorism Risk Insurance Act of 2002 to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 12/17/2007--Introduced. Terrorism Risk Insurance Improvement Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.
Also tagged in: Accident prevention, Actions and defenses, Administrative procedure, All terrain vehicles, Authorization, Budgets, Business, Carbon monoxide, Child safety, Children, Cigarettes, Consumer Product Safety Commission, Consumer protection, Consumers, Cost effectiveness, Data banks, Death, Defective products, Electric appliances, Energy, Executive departments, Federal preemption, Finance, Gasoline, Government information, Government paperwork, Government publicity, Hazardous substances, Import restrictions, Imports, Independent regulatory commissions, Law, Manufacturing industries, Medical care, Medicine, Minorities, Minority health, Motor vehicle safety, Packaging, Parties to actions, Poisons, Product safety, Retail trade, Risk, State and local government, State laws, Technology, Test facilities, Toys, Trade, Transportation, Whistle blowing
Latest Action: 03/07/2008 - S.AMDT.4143 Amendment SA 4143, previously agreed to, was modified by Unanimous Consent. Bill TextA bill to reform the Consumer Product Safety Commission to provide greater protection for children's products, to improve the screening of noncompliant consumer products, to improve the effectiveness of consumer product recall programs, and for other purposes. 2/25/2008--Introduced. CPSC Reform Act - Amends the Consumer Product Safety Act to authorize appropriations to carry out the Act and for other purposes. Creates or modifies provisions relating to personnel and Commissioners of the Consumer Product Safety Commission (CPSC), public disclosure of information, and rulemaking procedures. Requires third party certification of, and provides for tracking and record keeping regarding, children's products. Modifies provisions relating reporting of substantial product hazards and corrective action plans. Requires manufacturers, retailers, distributors, and importers to identify each other. Modifies provisions relating to prohibited acts, penalties,[...] show full description
Also tagged in: Accident prevention, Actions and defenses, Administrative procedure, Advertising, All terrain vehicles, Appropriations, Authorization, Budgets, Business, Business records, Carbon monoxide, Child safety, Children, Cigarettes, Clothing, Communications, Conflict of interests, Congress, Congressional investigations, Congressional reporting requirements, Consumer education, Consumer Product Safety Commission, Consumer protection, Consumers, Cost effectiveness, Criminal justice, Customs administration, Damages, Data banks, Day care, Death, Defective products, Department of Homeland Security, Disciplining of employees, Dismissal of employees, Electric appliances, Electric batteries, Electric power production, Electronic commerce, Electronic government information, Electronics, Employee training, Energy, Energy storage, Executive departments, Export controls, Federal employees, Federal officials, Federal preemption, Finance, Fines (Penalties), Flammable materials, Foreign corporations, Foreign policy, Formaldehyde, Fraud, Furniture industry, Gasoline, Government employees, Government ethics, Government information, Government paperwork, Government publicity, Government statistics, Governmental investigations, Hazardous substances, Health warnings, Hotels, motels, etc., Import restrictions, Imports, Independent regulatory commissions, Infants, Injunctions, Inspectors general, Insurance, International affairs, International cooperation, Job training, Judicial review, Jurisdiction, Labeling, Laboratories, Language and languages, Law, Lead, Lead poisoning, Legal fees, Legislation, Licenses, Mail-order business, Manufacturing industries, Medical care, Medicine, Minorities, Minority children, Minority health, Misconduct in office, Motor vehicle safety, Nanotechnology, Packaging, Paints and varnishes, Parties to actions, Poisons, Politics and government, Presidential appointments, Presidents, Product safety, Quality control, Recruiting of employees, Research and development facilities, Retail trade, Risk, Safety appliances, Science policy, Small business, Standards, State and local government, State laws, Surety and fidelity, Technology, Telecommunication, Temporary employment, Test facilities, Textile fabrics, Textile industry, Toys, Trade, Transfer of employees, Transportation, Wage restitution, Warning labels, Waste in government spending, Whistle blowing, X-rays
Latest Action: 08/31/2008 - Cleared for White House. Bill TextTo establish consumer product safety standards and other safety requirements for children's products and to reauthorize and modernize the Consumer Product Safety Commission. 8/14/2008--Public Law. (There are 4 other summaries) (This measure has not been amended since the Conference Report was filed in the House on July 29, 2008. The summary of that version is repeated here.)Consumer Product Safety Improvement Act of 2008 - Title I: Children's Product Safety - (Sec. 101) Treats as a banned hazardous substance under the Federal Hazardous Substances Act (FHSA) any children's product (a consumer product designed or intended primarily for children 12 years of age or younger) containing more than specified amounts of lead. Allows alternate limits if the specified limits are not technologically feasible. Requires periodic review and, when technologically feasible, more stringent limits. Makes the limits inapplicable to any component that [...] show full description
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Latest Legislation - View All
Also tagged in: Accident prevention, Actions and defenses, Administrative procedure, All terrain vehicles, Authorization, Budgets, Business, Carbon monoxide, Child safety, Children, Cigarettes, Consumer Product Safety Commission, Consumer protection, Consumers, Cost effectiveness, Data banks, Death, Defective products, Electric appliances, Energy, Executive departments, Federal preemption, Finance, Gasoline, Government information, Government paperwork, Government publicity, Hazardous substances, Import restrictions, Imports, Independent regulatory commissions, Law, Manufacturing industries, Medical care, Medicine, Minorities, Minority health, Motor vehicle safety, Packaging, Parties to actions, Poisons, Product safety, Retail trade, Risk, State and local government, State laws, Technology, Test facilities, Toys, Trade, Transportation, Whistle blowing
Latest Action: 03/07/2008 - S.AMDT.4143 Amendment SA 4143, previously agreed to, was modified by Unanimous Consent. Bill TextA bill to reform the Consumer Product Safety Commission to provide greater protection for children's products, to improve the screening of noncompliant consumer products, to improve the effectiveness of consumer product recall programs, and for other purposes. 2/25/2008--Introduced. CPSC Reform Act - Amends the Consumer Product Safety Act to authorize appropriations to carry out the Act and for other purposes. Creates or modifies provisions relating to personnel and Commissioners of the Consumer Product Safety Commission (CPSC), public disclosure of information, and rulemaking procedures. Requires third party certification of, and provides for tracking and record keeping regarding, children's products. Modifies provisions relating reporting of substantial product hazards and corrective action plans. Requires manufacturers, retailers, distributors, and importers to identify each other. Modifies provisions relating to prohibited acts, penalties,[...] show full description
Latest Action: 02/11/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend the Terrorism Risk Insurance Act of 2002, to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 2/11/2008--Introduced. Terrorism Risk Insurance Improvement Act of 2008 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.
Latest Action: 03/28/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill TextTo amend the Terrorism Risk Insurance Act of 2002 to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 12/17/2007--Introduced. Terrorism Risk Insurance Improvement Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.
Also tagged in: Accident prevention, Actions and defenses, Administrative procedure, Advertising, All terrain vehicles, Appropriations, Authorization, Budgets, Business, Business records, Carbon monoxide, Child safety, Children, Cigarettes, Clothing, Communications, Conflict of interests, Congress, Congressional investigations, Congressional reporting requirements, Consumer education, Consumer Product Safety Commission, Consumer protection, Consumers, Cost effectiveness, Criminal justice, Customs administration, Damages, Data banks, Day care, Death, Defective products, Department of Homeland Security, Disciplining of employees, Dismissal of employees, Electric appliances, Electric batteries, Electric power production, Electronic commerce, Electronic government information, Electronics, Employee training, Energy, Energy storage, Executive departments, Export controls, Federal employees, Federal officials, Federal preemption, Finance, Fines (Penalties), Flammable materials, Foreign corporations, Foreign policy, Formaldehyde, Fraud, Furniture industry, Gasoline, Government employees, Government ethics, Government information, Government paperwork, Government publicity, Government statistics, Governmental investigations, Hazardous substances, Health warnings, Hotels, motels, etc., Import restrictions, Imports, Independent regulatory commissions, Infants, Injunctions, Inspectors general, Insurance, International affairs, International cooperation, Job training, Judicial review, Jurisdiction, Labeling, Laboratories, Language and languages, Law, Lead, Lead poisoning, Legal fees, Legislation, Licenses, Mail-order business, Manufacturing industries, Medical care, Medicine, Minorities, Minority children, Minority health, Misconduct in office, Motor vehicle safety, Nanotechnology, Packaging, Paints and varnishes, Parties to actions, Poisons, Politics and government, Presidential appointments, Presidents, Product safety, Quality control, Recruiting of employees, Research and development facilities, Retail trade, Risk, Safety appliances, Science policy, Small business, Standards, State and local government, State laws, Surety and fidelity, Technology, Telecommunication, Temporary employment, Test facilities, Textile fabrics, Textile industry, Toys, Trade, Transfer of employees, Transportation, Wage restitution, Warning labels, Waste in government spending, Whistle blowing, X-rays
Latest Action: 08/31/2008 - Cleared for White House. Bill TextTo establish consumer product safety standards and other safety requirements for children's products and to reauthorize and modernize the Consumer Product Safety Commission. 8/14/2008--Public Law. (There are 4 other summaries) (This measure has not been amended since the Conference Report was filed in the House on July 29, 2008. The summary of that version is repeated here.)Consumer Product Safety Improvement Act of 2008 - Title I: Children's Product Safety - (Sec. 101) Treats as a banned hazardous substance under the Federal Hazardous Substances Act (FHSA) any children's product (a consumer product designed or intended primarily for children 12 years of age or younger) containing more than specified amounts of lead. Allows alternate limits if the specified limits are not technologically feasible. Requires periodic review and, when technologically feasible, more stringent limits. Makes the limits inapplicable to any component that [...] show full description
Also tagged in: Administrative fees, Business, Casualty insurance, Commercial arbitration, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Data banks, Federal preemption, Finance, Financial statements, Government information, Government paperwork, Insurance, Insurance agents, Insurance companies, Insurance premiums, Interstate compacts, Interstate relations, Law, Licenses, Property insurance, Reinsurance, State and local government, State laws, State taxation, Tax returns, Taxation, Technology
Latest Action: 03/20/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to streamline the regulation of nonadmitted insurance and reinsurance, and for other purposes. 3/20/2007--Introduced. Nonadmitted and Reinsurance Reform Act of 2007 - Prohibits any state other than the home state of an insured from requiring a premium tax payment for nonadmitted insurance. Authorizes states to enter into procedures to allocate among themselves the premium taxes paid to an insured's home state. Allows an insured's home state to require surplus lines brokers and certain insureds to file annually tax allocation reports detailing the portion of the nonadmitted insurance premiums attributable to properties, risks, or exposures located in each state. Declares that Congress intends that each state adopt a nationwide or uniform procedure that provides for the reporting, payment, collection, and allocation of premium taxes for nonadmitted insurance. Subjects nonadmitted insurance solely to the regulatory requirements of the insured's [...] show full description
Also tagged in: Administrative procedure, Affiliated corporations, Automobile insurance, Bank accounts, Bank examination, Bank holding companies, Bank loans, Bank mergers, Bank records, Banks and banking, Brokers, Business, Business records, Casualty insurance, Civil rights, Community development banking, Consent decrees, Consumer credit, Consumers, Data banks, Department of Housing and Urban Development, Department of the Treasury, Depressed areas, Discrimination in consumer credit, Economic policy, Executive departments, Fair housing, Federal Deposit Insurance Corporation, Federal reserve system, Finance, Financial institutions, Financial services, Fines (Penalties), Government corporations, Government information, Government paperwork, Government publicity, Housing, Information disclosure (Securities law), Injunctions, Insurance, Insurance agents, Insurance companies, Insurance premiums, Investment advisers, Investments, Law, Liability (Law), Minorities, Mortgage banks, Mortgage guaranty insurance, Mortgages, Mutual funds, Nonbank banks, Property insurance, Public meetings, Racial discrimination, Rural affairs, Securities industry, Securities regulation, Small business, Technology, Usury
Latest Action: 03/01/2007 - Referred to the House Committee on Financial Services. Bill TextTo enhance the availability of capital and credit for all citizens and communities, to ensure that community reinvestment keeps pace as banks, securities firms, and other financial service providers become affiliates as a result of the enactment of the Gramm-Leach-Bliley Act, and for other purposes. 3/1/2007--Introduced. Community Reinvestment Modernization Act of 2007 - Repeals specified revisions to regulations governing the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Director of the Office of Thrift Supervision. Reinstates banking agency regulations in effect before the publication of such revisions. Amends the Bank Holding Company Act of 1956 (BHCA) to subject to the Community Reinvestment Act of 1977 (CRA) nonbank affiliates of bank holding companies that engage in lending or offering banking products or services. Amends the CRA to require a rating reduction [...] show full description
Also tagged in: Administrative fees, Business, Casualty insurance, Commercial arbitration, Congress, Congressional investigations, Congressional reporting requirements, Contracts, Data banks, Federal preemption, Finance, Financial statements, Government information, Government paperwork, Insurance, Insurance agents, Insurance companies, Insurance premiums, Interstate compacts, Interstate relations, Law, Licenses, Property insurance, Reinsurance, State and local government, State laws, State taxation, Tax returns, Taxation, Technology
Latest Action: 06/26/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo streamline the regulation of nonadmitted insurance and reinsurance, and for other purposes. 6/25/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Nonadmitted and Reinsurance Reform Act of 2007 - Title I: Nonadmitted Insurance - (Sec. 101) Prohibits any state other than the home state of an insured from requiring a premium tax payment for nonadmitted insurance. Authorizes states to enter into procedures to allocate among themselves the premium taxes paid to an insured's home state. Declares that Congress intends that each state adopt a nationwide or uniform procedure that provides for the reporting, payment, collection, and allocation of premium taxes for nonadmitted insurance. Allows an insured's home state to require surplus lines brokers and certain insureds to file [...] show full description
Latest Action: 05/09/2007 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Bill TextTo prevent the nondisclosure of employer-owned life insurance coverage of employees as an unfair trade practice under the Federal Trade Commission Act, and for other purposes. 1/4/2007--Introduced. Life Insurance Employee Notification Act - Requires an employer to notify an employee in writing upon the purchase of an employer-owned insurance policy on the life of such employee for a beneficiary other than the individual who is the subject of the policy. Declares that violation of this Act constitutes an unfair method of competition and an unfair or deceptive act or practice under the Federal Trade Commission Act.
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