Federal Insurance Office Abolishment Act of 2019
Latest action · Mar 25, 2019 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 25, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Federal Insurance Office Abolishment Act of 2019
This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also removes the FIO director as a nonvoting member of the Financial Stability Oversight Council.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Mar 25, 2019 to Jul 12, 2019; 10 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-AZ | Andy Biggs | Original | Mar 25, 2019 |
| R-AZ | Debbie Lesko | Original | Mar 25, 2019 |
| R-SC | Jeff Duncan | Original | Mar 25, 2019 |
| R-IN | Jim Banks | Original | Mar 25, 2019 |
| R-NC | Mark Meadows | Original | Mar 25, 2019 |
| R-NC | Mark Walker | Original | Mar 25, 2019 |
| R-FL | Matt Gaetz | Original | Mar 25, 2019 |
| R-SC | Ralph Norman | Original | Mar 25, 2019 |
| R-TX | Roger Williams | Original | Mar 25, 2019 |
| R-NC | Ted Budd | Original | Mar 25, 2019 |
| R-TX | Michael Cloud | May 7, 2019 | |
| R-OH | Warren Davidson | May 7, 2019 | |
| R-PR | Jenniffer González-Colón | May 22, 2019 | |
| R-TX | Louie Gohmert | May 22, 2019 | |
| R-AL | Mo Brooks | May 22, 2019 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Mar 25, 2019 |
Actions 2
Everything that happened, newest first.
- Mar 25, 2019Introduced in House
- Mar 25, 2019Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 51, March 25, 2019, page H2796.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1586 | Federal Insurance Office Abolishment Act of 2019 | Related bill | May 22, 2019 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes.
- Short Title(s) as Introduced
- Federal Insurance Office Abolishment Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 25, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
