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H.R. 3861: Federal Insurance Office Reform Act of 2018

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H.R. 3861: Federal Insurance Office Reform Act of 2018

115th Congress · introduced 2017-09-28 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 789.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2017-09-28 · official record
  2. Who proposed it: Rep. Duffy, Sean P. [R-WI-7] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 789. Not final yet: this can still change. We check for updates every day.
  5. 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

Federal Insurance Office Reform Act of 2018

Plain summary

Federal Insurance Office Reform Act of 2017 This bill amends the Federal Insurance Office Act of 2010 to modify the Department of the Treasury's Federal Insurance Office (FIO). FIO is moved to Treasury's Office of International Affairs. FIO's function of advising Treasury on domestic insurance issues is eliminated. The bill removes FIO from the Financial Stability Oversight Council. FIO's subpoena and enforcement powers regarding information gathering are terminated. The number of personnel employed by FIO is limited to five.

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

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Federal Insurance Office Reform Act of 2018

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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

Officials and money

Sponsor: Rep. Duffy, Sean P. [R-WI-7] · 21 cosponsors

Cost estimate: CBO cost estimate: H.R. 3861, Federal Insurance Office Reform Act of 2017 (2018-06-26)

Cosponsors on this site

Ted Budd (R-NC), Claudia Tenney (R-NY), Roger Williams (R-TX), Tom Emmer (R-MN), Sam Graves (R-MO), Tim Walberg (R-MI), John R. Moolenaar (R-MI), Henry Cuellar (D-TX), Robert E. Latta (R-OH), Lloyd Smucker (R-PA)

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)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-hr3861 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115