HR3354-119

Introduced

To amend the Financial Stability Act of 2010 to include the State insurance commissioner as a voting member of the Financial Stability Oversight Council, and for other purposes.

119th Congress Introduced May 13, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill adds or tightens a compliance mandate provision: 2. Establishment of State insurance commissioner as a voting member of the Financial Stability Oversight Council Section 111 of the Financial Stability Act of 2010 (12 and defines introduces a definition change provision: 5. Technical and clarifying amendments The Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.) is amended— in section 102(a), by adding at the end the following new. It relies on compliance mandates and definition changes. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Adds or tightens a compliance mandate provision: 2. Establishment of State insurance commissioner as a voting member of the Financial Stability Oversight Council Section 111 of the Financial Stability Act of 2010 (12...
  • Defines introduces a definition change provision: 5. Technical and clarifying amendments The Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.) is amended— in section 102(a), by adding at the end the following new...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill adds or tightens a compliance mandate provision: 2. Establishment of State insurance commissioner as a voting member of the Financial Stability Oversight Council Section 111 of the Financial Stability Act of 2010 (12 and defines introduces a definition change provision: 5. Technical and clarifying amendments The Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.) is amended— in section 102(a), by adding at the end the following new.

Key Policy Areas

Finance

Primary Purpose

The bill adds or tightens a compliance mandate provision: 2. Establishment of State insurance commissioner as a voting member of the Financial Stability Oversight Council Section 111 of the Financial Stability Act of 2010 (12 and defines introduces a definition change provision: 5. Technical and clarifying amendments The Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.) is amended— in section 102(a), by adding at the end the following new.

Policy Domains

Finance

Legislative Progress

Introduced
Introduced Committee Passed
May 13, 2025

Mr. Loudermilk (for himself and Mr. Garamendi) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance
Actor Mappings
"the_commission"
→ The commission identified in the operative section

Key Definitions

Terms defined in this bill

1 term
"Council" §H74C266FA62FE4E6CA7DB5F35D880A5FC

the Financial Stability Oversight Council established in section 111

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology