H.R. 605: Insurance Consumer Protection and Solvency Act of 2013

Feb 08, 2013
Referred to Committee
2% chance of being enacted
Track this bill
Bill Posey
Representative for Florida's 8th congressional district
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Last Updated
Feb 08, 2013
2 pages
Related Bills
H.R. 6423 (112th) was a previous version of this bill.

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Bureau of Consumer Financial Protection Judicial Fairness Act

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Last Action: Sep 26, 2013


This bill was assigned to a congressional committee on February 8, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Introduced Feb 08, 2013
Referred to Committee Feb 08, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...

9% chance of getting past committee.
2% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

Full Title

To exclude insurance companies from the Federal Depository Insurance Corporation's "orderly liquidation authority".


No summaries available.

1 cosponsors (1D) (show)

House Financial Services

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

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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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.

Insurance Consumer Protection and Solvency Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to exclude an insurance company from the definition of a "financial company" for purposes of such Act (thus removing an insurance company from the purview of the Act).
Removes from the Federal Deposit Insurance Corporation (FDIC) the authority to place insurance companies into orderly liquidation.
Excludes from the definition of "eligible financial company" for purposes of risk-based assessments an insurance company subject to assessment under state law to cover the costs of state insolvency proceeding regarding an insurance company.

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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