H.R. 3559 (112th): Insurance Data Protection Act

Introduced:
Dec 05, 2011 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Steve Stivers
Representative for Ohio's 15th congressional district
Party
Republican
Text
Read Text »
Last Updated
Dec 05, 2011
Length
6 pages
 
Status

This bill was introduced on December 5, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Dec 05, 2011
Referred to Committee Dec 05, 2011
 
Full Title

To prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company.

Summary

No summaries available.

Cosponsors
3 cosponsors (3R) (show)
Committees

House Agriculture

General Farm Commodities and Risk Management

House Financial Services

Housing and Insurance

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


12/5/2011--Introduced.
Insurance Data Protection Act - Repeals the subpoena and enforcement powers of the Director of the Federal Insurance Office in the Department of the Treasury.
Declares that the sharing of any nonpublicly available data with or by the Office among other federal agencies, the state insurance regulators and their collective agents, or other entities does not affect any federal or state confidentiality privilege arising under federal or state law to which such data or information is otherwise subject.
Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to exempt an insurance company from the subpoena powers of the Director of the Office of Financial Research in the Treasury.
Prescribes the treatment of data collected by financial regulators from a nonbank financial company that is an insurance company, including confidentiality procedures and agency disclosure requirements.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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