H.R. 4510: Insurance Capital Standards Clarification Act of 2014

113th Congress · introduced 2014-04-29 · Finance and Financial Sector · Latest: Hearings Held by the Subcommittee on Housing and Insurance Prior to Referral.

federal

Follow this bill, step by step

Where it came from: introduced 2014-04-29 · official record
Who proposed it: Rep. Miller, Gary G. [R-CA-31] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Hearings Held by the Subcommittee on Housing and Insurance Prior to Referral. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Insurance Capital Standards Clarification Act of 2014

Plain summary

Insurance Capital Standards Clarification Act of 2014 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act concerning establishment of minimum leverage and minimum risk-based capital requirements on a consolidated basis for a depository institution holding company or a nonbank financial company supervised by the Board of Governors of the Federal Reserve System (Board). States that federal banking agencies shall not be required to subject any person to such minimum capital requirements, to the extent that such person either: (1) acts in its capacity as a regulated insurance entity regulated by a state insurance regulator, or (2) is a regulated foreign subsidiary engaged in the business of insurance (including a regulated foreign affiliate of such subsidiary). Exempts from any requirement to prepare holding company financial statements in accordance with Generally Accepted Accounting Principles any Board-supervised depository institution holding company or nonbank financial company that is also a person regulated by a state insurance regulator or a regulated foreign subsidiary (or a regulated foreign affiliate) that files its holding company financial statements using only Statutory Accounting Principles in accordance with state law.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

Insurance Capital Standards Clarification Act of 2014

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Miller, Gary G. [R-CA-31] · 227 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Gwen Moore (D-WI), Ann Wagner (R-MO), Emanuel Cleaver (D-MO), Gregory W. Meeks (D-NY), Bradley Scott Schneider (D-IL), Gary C. Peters (D-MI), Brad Sherman (D-CA), Bill Huizenga (R-MI), Joyce Beatty (D-OH), Steven Horsford (D-NV), James A. Himes (D-CT), Tom Cotton (R-AR), Terri A. Sewell (D-AL), Bill Foster (D-IL), Andy Barr (R-KY), Richard E. Neal (D-MA), Ben Ray Luján (D-NM), David P. Joyce (R-OH), Frank D. Lucas (R-OK) and 167 more.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Statute: A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hr4510.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hr>

Record fed-us-cong113-hr4510 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113