Bill
Bill > HR2951
US HR2951
US HR2951To direct the Secretary of the Treasury to modify Treasury Regulations relating to insurance-dedicated exchange-traded funds.
summary
Introduced
04/30/2021
04/30/2021
In Committee
04/30/2021
04/30/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To direct the Secretary of the Treasury to modify Treasury Regulations relating to insurance-dedicated exchange- traded funds.
AI Summary
This bill directs the Secretary of the Treasury to modify Treasury Regulations relating to insurance-dedicated exchange-traded funds (ETFs). Specifically, it requires the Secretary to amend the regulations to facilitate the use of ETFs as investment options under variable contracts, such as variable annuities and life insurance policies. The bill also requires the Secretary to designate certain authorized participants and market makers as eligible investors in these ETFs, and to define relevant terms like "exchange-traded fund," "authorized participant," and "market maker."
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on Ways and Means. (on 04/30/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/2951/all-info |
| BillText | https://www.congress.gov/117/bills/hr2951/BILLS-117hr2951ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr2951/BILLS-117hr2951ih.pdf.pdf |
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