S 1586 · 116th Congress 2019–2021, ended

Federal Insurance Office Abolishment Act of 2019

Introduced May 22, 2019 Originated Senate Sponsor Ted Cruz R-TX

Fact sheet

Latest action · May 22, 2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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.

  1. IntroducedMay 22, 2019
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. 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 3

Members who signed on, in the order they did. Signatures ran from May 22, 2019 to Jun 18, 2019, with 2 there on the day it was introduced.

SeatCosponsorSigned on
R-MSCindy Hyde-SmithOriginalMay 22, 2019
R-OKJames M. InhofeOriginalMay 22, 2019
R-TNMarsha BlackburnJun 18, 2019

Actions 2

Everything that happened, newest first.

  1. May 22, 2019Introduced in Senate
  2. May 22, 2019Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 1862Federal Insurance Office Abolishment Act of 2019Related billMar 25, 2019

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. May 22, 2019Introduced in Senate

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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.