H.R. 5461 - Insurance Capital Standards Clarification Act of 2014
- Sponsor:
- Andy Barr
- Summary:
- To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes. (by CRS)
- Status:
- The bill was voted on in the House on September 16, 2014
PASSED on September 16, 2014.
2/3 required to pass
voted YES: 327
voted NO: 97
8 voted present/not voting
Insurance Capital Standards Clarification Act of 2014
H.R. 5461 — 113th Congress (2013–2014)
- Summary
- To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes. (by CRS)
- Learn More
- At OpenCongress
- Title
- To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes.
- Other Titles
- Business Risk Mitigation and Price Stabilization Act of 2013
- Insurance Capital Standards Clarification Act of 2014
- Mortgage Choice Act of 2014
- Restoring Proven Financing for American Employers Act
- Business Risk Mitigation and Price Stabilization Act of 2014
- Insurance Capital Standards Clarification Act of 2014
- Mortgage Choice Act of 2014
- Restoring Proven Financing for American Employers Act
- To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes.
- Sponsor
- Andy Barr
- Co-Sponsors
- Subjects
- Finance and financial sector
- Accounting and auditing
- Administrative law and regulatory procedures
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Business records
- Commodities markets
- Commodity Futures Trading Commission
- Consumer Financial Protection Bureau
- Corporate finance and management
- Credit and credit markets
- Financial services and investments
- Foreign and international corporations
- Housing finance and home ownership
- Insurance industry and regulation
- Securities
- User charges and fees
- Related Bills
- H.R. 5405 (113th) : Promoting Job Creation and Reducing Small Business Burdens Act
- H.R. 634 (113th) : Business Risk Mitigation and Price Stabilization Act of 2013
- H.R. 3211 (113th) : Mortgage Choice Act of 2013
- H.R. 4167 (113th) : Restoring Proven Financing for American Employers Act
- H.R. 4510 (113th) : Insurance Capital Standards Clarification Act of 2014
- S. 888 (113th) : A Bill to Provide End User Exemptions from Certain Provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934.
- S. 949 (113th) : Consumer Mortgage Choice Act
- S. 1577 (113th) : Mortgage Choice Act of 2013
- S. 2102 (113th) : A Bill to Clarify the Application of Certain Leverage and Risk-Based Requirements Under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
- S. 2270 (113th) : Insurance Capital Standards Clarification Act of 2014
- Major Actions
Introduced 9/15/2014 Referred to Committee Passed House 9/16/2014 - Bill History
-
Chamber/Committee Motion Date Result currently selected House H.R. 5461 (113th): To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and ... 9/16/2014 This bill PASSED the House 327 voted YES 97 voted NO 8 voted present/not votingAction Date Description Introduced 9/15/2014 9/15/2014 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. 9/15/2014 Referred to House Financial Services 9/15/2014 Referred to House Agriculture 9/15/2014 Mr. Huizenga (MI) moved to suspend the rules and pass the bill. 9/15/2014 Considered under suspension of the rules. 9/15/2014 DEBATE - The House proceeded with forty minutes of debate on H.R. 5461. 9/15/2014 DEBATE - The House continued with debate on H.R. 5461. 9/15/2014 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. 9/15/2014 Introduced in House 9/16/2014 Considered as unfinished business. 9/16/2014 Motion to reconsider laid on the table Agreed to without objection. currently selected House Vote on Passage 9/16/2014 H.R. 5461 (113th): To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and ... 9/17/2014 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status
Average contributions given to House members from interest groups that…
supported this bill
Average received by House members who
voted YES![]() | voted NO | |
---|---|---|
Real estate agents (split) | ||
Commercial banks & bank holding companies | $31,765 | $7,352 |
Security brokers & investment companies | $31,210 | $12,677 |
Insurance companies, brokers & agents | $24,030 | $5,753 |
Life insurance | $20,989 | $11,905 |
Real estate | $18,707 | $9,139 |
Credit agencies & finance companies | $8,034 | $1,956 |
Residential construction | $7,013 | $1,963 |
Credit unions | $6,397 | $5,362 |
Banks & lending institutions | $5,125 | $1,008 |
Finance, Insurance & Real Estate | $4,507 | $1,751 |
Mortgage bankers and brokers | $3,420 | $1,046 |
Financial services & consulting | $2,631 | $1,085 |
Chambers of commerce | $621 | $83 |
$164,450 | $61,082 |
Interest groups that supported this bill gave 169% more to House members that voted YES than to House members that voted NO
Contributions data source: OpenSecrets.org