HR 4865 United States House · 117th Congress

Registration for Index-Linked Annuities Act

Summary
Registration for Index-Linked Annuities Act This bill requires the Securities and Exchange Commission (SEC) to create a new form for the registration of index-linked annuities to ensure that a purchaser can make a knowledgeable decision. The bill defines a registered index-linked annuity as an annuity that is deemed a security, that must be registered with the SEC, and that is issued by an insurance company subject to state supervision. Furthermore, the returns of these annuities (1) are based on the performance of a specified benchmark index or rate, and (2) may be subject to a market value adjustment if amounts are withdrawn early.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 30, 2021 Last action Jul 27, 2022
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
2
Amendments
1
Jul 27, 2022
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
lower
Jul 27, 2022
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Jul 30, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Jul 30, 2021
Introduced
Introduced in House
lower
1 primary · 36 co-sponsors

Sponsors