To prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company.
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
This bill, To prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Defense.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HA6FA4386989A4E10940A8E77894962B1: 1. Short title This Act may be cited as the Insurance Data Protection Act.
- Section HDA11C160EB5942EBAC751F5D554C29EC: 2. Repeal of subpoena and enforcement authority Subsection (e) of section 313 of title 31, United States Code, is amended by striking paragraph (6).
- Section H23D85AD856A246B6A10D457056169632: 3. Confidentiality by Federal Insurance Office Section 313(e) of title 31, United States Code, is amended in paragraph (5)— in subparagraph (A), by inserting...
- Section HE0AFDFA53A2244B28E0C531B20901F14: 4. Limitation on subpoenas by the Office of Financial Research Section 153(f)(1) of the Dodd-Frank Wall Street Reform and Consumer Protection Act is amended by...
- Section H65B7E22000AC4689B9DFC0C4683C8D73: 5. Confidentiality by financial regulators Title I of the Financial Stability Act of 2010 (12 U.S.C. 5343(f)(1)) is amended by inserting at the end the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Defense
Primary Purpose
This bill, To prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Fitzgerald (for himself, Mr. Flood, and Mr. Luetkemeyer) introduced …
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?
- "the_commission"
- → The commission identified in the operative section
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