How to read the money
Income and expense are whole-filing amounts associated with this lobbyist, not personal compensation or an allocated share.
No topic inference: each bill number appears in source LDA issue text assigned to this lobbyist.
Homeowners and Taxpayers Protection Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1101 -"The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Homeowners and Taxpayers Protection Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Specific issues are shown only where the LDA source assigned them to this lobbyist. Targets apply to the associated filing.
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2013 · fourth_quarter · Q4
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. H.R. 508 "Terrorism Risk Insurance Reauthorization Act of 2013" - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Source: Senate LDA
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Homeowners and Taxpayers Protection Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101, "The Homeowners and Taxpayers Protection Act" and H.R. 240, "The Homeowners Insurance Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Homeowners and Taxpayers Protection Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Federal Information Security Amendments Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Excutive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624 "Cyber Intelligence Sharing and Protection Act (CISPA)" - H.R. 756 "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Federal Information Security Amendments Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
Federal Information Security Amendments Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Federal Information Security Amendments Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
SECURE IT
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufacturer.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufactuter.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufacturer.
Safe Building Code Incentive Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Safe Building Code Incentive Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Safe Building Code Incentive Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101, "The Homeowners and Taxpayers Protection Act" and H.R. 240, "The Homeowners Insurance Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Insurance Capital and Accounting Standards Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. H.R. 508 "Terrorism Risk Insurance Reauthorization Act of 2013" - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Insurance Capital and Accounting Standards Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. As a result of this law, State Farm is also pursuing H.R. 2140, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
Insurance Capital and Accounting Standards Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In response to this law, State Farm is also supporting H.R. 2140 and S. 1369, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
Insurance Capital and Accounting Standards Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In response to this law, State Farm is also supporting H.R. 2140 and S. 1369, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modified the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
Insurance Capital and Accounting Standards Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Insurance Capital and Accounting Standards Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140 - The Insurance Capital and Accounting Standards Act of 2013, which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Homeowners Insurance Protection Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101, "The Homeowners and Taxpayers Protection Act" and H.R. 240, "The Homeowners Insurance Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Innovate to Deliver Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
H.R. 2690 - the "Postal Reform Act of 2013" and S. 1486 - the "Postal Reform Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
Innovate to Deliver Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
H.R. 2690 - the "Innovate to Deliver (I2D) Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
Innovate to Deliver Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
H.R. 2690 - the "Postal Reform Act of 2013" and S. 1486 - the "Postal Reform Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
TRIA Reauthorization Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. H.R. 508 "Terrorism Risk Insurance Reauthorization Act of 2013" - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Cybersecurity Enhancement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Excutive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624 "Cyber Intelligence Sharing and Protection Act (CISPA)" - H.R. 756 "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Cybersecurity Enhancement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Cybersecurity Enhancement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Cybersecurity Enhancement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
Health Insurance Industry Antitrust Enforcement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. H.R. 508 "Terrorism Risk Insurance Reauthorization Act of 2013" - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Health Insurance Industry Antitrust Enforcement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a "Consumer Financial Protection Bureau;" created a Financial Stability Oversight Council to regulate systemically important companies; calls for a reveiw of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insuance: The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Health Insurance Industry Antitrust Enforcement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Health Insurance Industry Antitrust Enforcement Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140 - The Insurance Capital and Accounting Standards Act of 2013, which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Cybersecurity Enhancement Act of 2014
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Cybersecurity Enhancement Act of 2014
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes.
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. H.R. 508 "Terrorism Risk Insurance Reauthorization Act of 2013" - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes.
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In response to this law, State Farm is also supporting H.R. 2140 and S. 1369, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes.
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In response to this law, State Farm is also supporting H.R. 2140 and S. 1369, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modified the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
A bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance, and for other purposes.
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Postal Reform Act of 2014
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
H.R. 2690 - the "Postal Reform Act of 2013" and S. 1486 - the "Postal Reform Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
Postal Reform Act of 2014
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
H.R. 2690 - the "Postal Reform Act of 2013" and S. 1486 - the "Postal Reform Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
Cybersecurity Public Awareness Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
Cybersecurity and American Cyber Competitiveness Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Excutive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624 "Cyber Intelligence Sharing and Protection Act (CISPA)" - H.R. 756 "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Cybersecurity and American Cyber Competitiveness Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
Cybersecurity and American Cyber Competitiveness Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Cybersecurity and American Cyber Competitiveness Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufactuter.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufacturer.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufacturer.
Safe Building Code Incentive Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101, "The Homeowners and Taxpayers Protection Act" and H.R. 240, "The Homeowners Insurance Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Safe Building Code Incentive Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Safe Building Code Incentive Act of 2013
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Reform the Postal Service for the 21st Century Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Reform the Postal Service for the 21st Century Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Reform the Postal Service for the 21st Century Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Consumer Privacy Protection Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entities to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee.
Consumer Privacy Protection Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entitites to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
Safe Building Code Incentive Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Buidling Code Incentive Act.
Safe Building Code Incentive Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Building Code Incentive Act and S. 3694, a stand alone companion to H.R. 2069. H.R. 6477 -"The Taxpayer Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Safe Building Code Incentive Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Buidling Code Incentive Act. H.R. 6477 - "The Taxpayer Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Postal Reform Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Postal Reform Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Postal Reform Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
SAFE Data Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entities to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee.
SAFE Data Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entitites to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
PRECISE Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entitites to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
PRECISE Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 3889, the "Promoting Automotive Repair, Trade and Sales (PARTS) Act," legislation permitting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 3889, the "Promoting Automotive Repair, Trade and Sales (PARTS) Act," legislation permitting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
PARTS Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 3889, the "Promoting Automotive Repair, Trade and Sales (PARTS) Act," legislation permiting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
To amend the Federal Deposit Insurance Act with respect to information provided to the Bureau of Consumer Financial Protection.
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications of the "Dodd Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011. The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposes minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealers and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule). Consumer Financial Protection Bureau Proposed Rule on Confidential Treatment of Privileged Information RIN3170-AA20. H.R. 4014/S. 2099 - legislation to amend the Federal Deposit Insurance Act with respect to adding the Consumer Financial Protection Bureau for the protection of confidential and privileged information.
To amend the Federal Deposit Insurance Act with respect to information provided to the Bureau of Consumer Financial Protection.
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
P.L. 111-203 - Implementation and modifications of the "Dodd Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011. The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposes minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealers and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule). H.R. 4014/S. 2099 and S. 3394 - legislation to amend the Federal Deposit Insurance Act with respect to adding the Consumer Financial Protection Bureau for the protection of confidential and privileged information.
BEST PRACTICES Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entitites to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
BEST PRACTICES Act
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entities to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee.
Taxpayer Protection Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Building Code Incentive Act and S. 3694, a stand alone companion to H.R. 2069. H.R. 6477 -"The Taxpayer Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Taxpayer Protection Act of 2012
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Buidling Code Incentive Act. H.R. 6477 - "The Taxpayer Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Financial Information Privacy Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entitites to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
Financial Information Privacy Act of 2011
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Privacy bills in the Senate: S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entities to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee.
College Student Relief Act of 2007
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - established a Federal Insurance Office within the Department of Treasury; established a "Consumer Financial Protection Bureau;" created a Financial Stability Oversight Council to regulate systemically important companies; calls for a reveiw of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 5 - Legislation to repeal the Affordable Care Act, which includes creation of an Independent Payment Acvisory Board, and reform for medical malpractice, and proposed amendments to repeal the McCarran-Ferguson Act for "the business of health insurance." Passed in the House, referred to the Senate.
College Student Relief Act of 2007
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - established a Federal Insurance Office within the Department of Treasury; established a "Consumer Financial Protection Bureau;" created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC despoitory insitutitons within their corporate structure. H.R. 5 - Legisation to repeal the Affordable Care Act, which includes creation of an Independent Payment Advisory Board, and reform for medical malpractice, and proposed amendments to repeal the McCarran-Ferguson Act for "the business of health insurance." Passed in the House, referred to the Senate.
College Student Relief Act of 2007
Client: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY · Firm: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - establishes a Federal Insurance Office within the Department of Treasury; establishes a "Consumer Financial Protection Bureau;" creates a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; creates a system for winding down the affairs of failing systemically important companies; and imposes proprietary trading restrictions on financial firms with FDIC despoitory insitutitons within their corporate structure. P.L. 112-141, the "Surface Transportation Extension of 2012," to reform and extend the National Flood Insurance Program for five years. H.R. 5 - Legisation to repeal the Affordable Care Act's creation of an Independent Payment Advisory Board and reform medical malpractice and proposed amendments to repeal the McCarran-Ferguson Act for "the business of health insurance." Passed in the House, referred to the Senate.
H.R. 2690 - the "Postal Reform Act of 2013" and S. 1486 - the "Postal Reform Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
H.R. 2374 - "Retail Investor Protection Act" - amends the Securities Exchange Act of 1934" to provide protections for retail customers, and for other purposes.
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufacturer.
Tax issues related to property and casualty insurance, as well as life insurance; tax reform issues before the 113th Congress.
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions.The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the affordability of homeowners insurance.
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In response to this law, State Farm is also supporting H.R. 2140 and S. 1369, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modified the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101, "The Homeowners and Taxpayers Protection Act" and H.R. 240, "The Homeowners Insurance Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act" - S. 1638 "Cybersecurity Public Awareness Act" - H.R. 1468 SECURE IT
Filing targets: Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2013 · third_quarter · Q3
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufacturer.
H.R. 2374 - "Retail Investor Protection Act" - amends the Securities Exchange Act of 1934" to provide protections for retail customers, and for other purposes.
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions.The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the affordability of homeowners insurance.
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In response to this law, State Farm is also supporting H.R. 2140 and S. 1369, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
H.R. 2690 - the "Postal Reform Act of 2013" and S. 1486 - the "Postal Reform Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
Tax issues related to property and casualty insurance, as well as life insurance; tax reform issues before the 113th Congress.
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- S. 1353 "Cybersecurity Act of 2013" - H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140/S. 1369 - Which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Filing targets: Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2013 · second_quarter · Q2
Tax issues related to property and casualty insurance, as well as life insurance; tax reform issues before the 113th Congress.
P.L. 111-203 - Implementation and modifications for the "Dodd-Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposed minimum risk-based capital and maximum leverage requirements on banks and SLHCs. As a result of this law, State Farm is also pursuing H.R. 2140, legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealer and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule).
H.R. 2690 - the "Innovate to Deliver (I2D) Act of 2013" - State Farm is supportive of other Congressional efforts to pass postal reform legislation.
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions.The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on the availabiltiy of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the affordability of homeowners insurance.
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1878/S. 905 - "The Safe Building Code Incentive Act," which would provide financial incentives to states that adopt and enforce nationally recognized model building codes for residential and commercial structures.H.R. 1101 - "The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 1663/S. 780, the "Promoting Automotive Trade and Sales Act of 2013." This legislation would permit the use of repair parts that are not manufactured by the vehicle's original manufactuter.
Information and Security legislation, proposals and administrative orders: - Executive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624, "Cyber Intelligence Sharing and Protection Act" (CISPA) - H.R. 756, "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a Consumer Financial Protection Bureau; created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 2140 - The Insurance Capital and Accounting Standards Act of 2013, which would ensure that insurance regulatory and capital standards are applied to insurance-based SLHC's and systemically important nonbank financial companies. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insurance - The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
H.R. 2374 - "Retail Invester Protection Act" - amends the Securities Exchange Act of 1934" to provide protections for retail customers, and for other purposes.
Filing targets: Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2013 · first_quarter · Q1
Information and Security legislation, proposals and administrative orders: - Excutive Orders on "Improving Critical Infrastructure Cybersecurity" - H.R. 624 "Cyber Intelligence Sharing and Protection Act (CISPA)" - H.R. 756 "Cyber Security Enhancement Act"- H.R. 1163 "Federal Information Security Amendments Act" - S. 21 "Cybersecurity and American Cyber Competitiveness Act"
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions. The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on theavailability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the affordability of homeowners insurance.
Tax issues related to property and casualty insurance, as well as life insurance: tax reform issues before the 113th Congress
Supportive of legislative proposals to promote federal incentives for states to adopt and enforce statewide building codes. H.R. 1101 -"The Homeowners and Taxpayers Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting the introduction of legislation permiting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
P.L. 111-203 - Implementation and modifications of the "Dodd Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011.The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposes minimum risk-based capital and maximum leverage requirements on banks and SLHCs. As a result of this law, State Farm is also pursuing legislation intended to ensure that inappropriate banking standards are not applied to SLHCs primarily engaged in the business of insurance. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealers and investment advisors. It also modifies the rules governing investments by entitites that have an insured depository within their corporate structure (i.e., the Volcker Rule).
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - established aFederal Insurance Office within the Department of Treasury; established a "Consumer Financial Protection Bureau;" created a Financial Stability Oversight Council to regulate systemically important companies; calls for a reveiw of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 99 - "Health Insurance Industry Antitrust Enforcement Act" which would repeal the McCarran-Ferguson Act as related to health insurance and medical malpractice. Terrorism Risk Insuance: The Terrorism Risk Insurance Program, which provides a federal backstop for commercial P&C losses resulting from acts of terrorism is due to expire on December 31, 2014. Efforts are underway to extend the program.
Supportive of Congressional efforts to introduce postal reform legislation.
Filing targets: Commerce, Dept of (DOC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2012 · fourth_quarter · 4A
Privacy bills in the Senate: S. 3414, the "Cybersecurity Act of 2012," which would establish a National Cybersecurity Council to conduct sector-by-sector risk assessments; work with private sector on voluntary practices; and conduct risk assessments. H.R. 3523, the "Cyber Intelligence Sharing and Protection Act," - which would amend the National Security Act to add provisions related to cyber threat intelligence and information sharing.
P.L. 111-203 - Implementation and modifications of the "Dodd Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regualtor of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011. The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposes minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealers and investment advisors. It also modifies the rules governing investments by entitites that have an insured depository within their corporate structure (i.e., the Volcker Rule). Passage of P.L. 112-215 - legislation to amend the Federal Deposit Insurance Act with respect to adding the Consumer Financial Protection Bureau for the protection of confidential and privileged information.
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions. The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it relates to the affordability of homeowners insurance.
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - established a Federal Insurance Office within the Department of Treasury; established a "Consumer Financial Protection Bureau;" created a Financial Stability Oversight Council to regulate systemically important companies; calls for a reveiw of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC depository institutions within their corporate structure. H.R. 5 - Legislation to repeal the Affordable Care Act, which includes creation of an Independent Payment Acvisory Board, and reform for medical malpractice, and proposed amendments to repeal the McCarran-Ferguson Act for "the business of health insurance." Passed in the House, referred to the Senate.
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Tax issues related to property and casualty insurance, as well as life insurance; tax reform issues before the 112th Congress.
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 3889, the "Promoting Automotive Repair, Trade and Sales (PARTS) Act," legislation permiting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Building Code Incentive Act and S. 3694, a stand alone companion to H.R. 2069. H.R. 6477 -"The Taxpayer Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Filing targets: Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2012 · third_quarter · Q3
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions. The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it related to the affordability of homeowners insurance.
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 3889, the "Promoting Automotive Repair, Trade and Sales (PARTS) Act," legislation permitting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY via STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
2012 · second_quarter · Q2
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - establishes a Federal Insurance Office within the Department of Treasury; establishes a "Consumer Financial Protection Bureau;" creates a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; creates a system for winding down the affairs of failing systemically important companies; and imposes proprietary trading restrictions on financial firms with FDIC despoitory insitutitons within their corporate structure. P.L. 112-141, the "Surface Transportation Extension of 2012," to reform and extend the National Flood Insurance Program for five years. H.R. 5 - Legisation to repeal the Affordable Care Act's creation of an Independent Payment Advisory Board and reform medical malpractice and proposed amendments to repeal the McCarran-Ferguson Act for "the business of health insurance." Passed in the House, referred to the Senate.
S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
P.L. 111-203 - Implementation and modifications of the "Dodd Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011. The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposes minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealers and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule). H.R. 4014/S. 2099 and S. 3394 - legislation to amend the Federal Deposit Insurance Act with respect to adding the Consumer Financial Protection Bureau for the protection of confidential and privileged information.
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Buidling Code Incentive Act. H.R. 6477 - "The Taxpayer Protection Act" to create a federal backstop to stand behind state catastrophe funds through the U.S. Treasury Department's sale of reinsurance and the establishment of a guarantee program for debt issued by state catastrophe funds.
Privacy bills in the Senate: S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entities to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee.
Improving the efficiency of the current regulatory system, whether by modifying the existing state system or creating an optional federal charter for insurance companies. Congressional Oversight relating to P.L. 111-203, the Dodd Frank Wall Street Reform and Consumer Protection Act - established a Federal Insurance Office within the Department of Treasury; established a "Consumer Financial Protection Bureau;" created a Financial Stability Oversight Council to regulate systemically important companies; calls for a review of the standards for investment advisors and broker dealers; created a system for winding down the affairs of failing systemically important companies; and imposed proprietary trading restrictions on financial firms with FDIC despoitory insitutitons within their corporate structure. H.R. 5 - Legisation to repeal the Affordable Care Act, which includes creation of an Independent Payment Advisory Board, and reform for medical malpractice, and proposed amendments to repeal the McCarran-Ferguson Act for "the business of health insurance." Passed in the House, referred to the Senate.
Short-term extension of payroll tax reduction legislation. Tax issues related to property and casualty insurance, as well as life insurance as proposed in the President's FY2012 budget proposal; tax reform issues before the 112th Congress. S. 3521 - Family and Business Tax Cut Certainty Act of 2012
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
Filing targets: Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)
P.L. 112-141, the "Surface Transportation Extension Act of 2012," which included graduated driver licensing (GDL) incentive grants and several auto and highway safety provisions.
Legislation to promote federal incentives for states to adopt and enforce statewide building codes. This includes H.R. 2069, the Safe Buidling Code Incentive Act.
Short-term extension of payroll tax reduction legislation. Tax issues related to property and casualty insurance, as well as life insurance as proposed in the President's FY2012 budget proposal; tax reform issues before the 112th Congress.
Privacy bills in the Senate: S. 2105, "Cybersecurity Act of 2012" - directs the Secretary of Homeland Security to conduct assessment of risks; establishes a procedure for designation of critical infrastructure; and sets requirements for notification of risks and threats. S. 3333, the "Data Security and Breach Notification Act of 2012," which would require certain entitites to securely collect and maintain personal information of individuals and provide notice in the case of a breach. Privacy bills in the House: H.R. 3523, "Cyber Intelligence Sharing and Protection Act of 2011" - amends the National Security Act of 1947 to provide procedures regarding cyber threat intelligence and information sharing. Passed in House and referred to Senate. H.R. 2577, "Data Breach of 2011;" H.R. 611, the "Best PRACTICES Act of 2011;" and H.R. 1528, the "Consumer Privacy Act of 2011" are in the Energy and Commerce Committee; H.R. 653, the "Financial Information Privacy Act of 2011" is in the Financial Services Committee. H.R. 3674, "Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness" - provides for the Secretary of Homeland Security to coordinate cybersecurity efforts for government and critical infrastructure networks.
Passage of S. 1789, the "21st Century Postal Service Act." House legislation - H.R. 2309, the "Postal Reform Act," and H.R. 1262, the "Reform of the Postal Service for the 21st Century Act."
P.L. 111-203 - Implementation and modifications of the "Dodd Frank Wall Street Reform and Consumer Protection Act," which eliminated the Office of Thrift Supervision, the primary regulator of State Farm Bank, and replaced it with the Office of the Comptroller of the Currency, effective July 21, 2011. The legislation modified the Bank Holding Company Act and the Home Owners Loan Act and provided that all Savings and Loan Holding Companies (SLHCs) are regulated by the Federal Reserve effective July 21, 2011. This entails new reporting requirements for the holding company. Also, the legislation created the Financial Stability Oversight Council to identify and regulate systemically important non-bank financial companies. Through the Collins Amendment, the Act imposes minimum risk-based capital and maximum leverage requirements on banks and SLHCs. In addition, it created a system for resolving failing systemically important companies. There are assessments associated with this new resolution authority. The Dodd-Frank Act also directed the Securities and Exchange Commission (SEC) to conduct a study evaluating the different standards of conduct between broker-dealers and investment advisors. It also modifies the rules governing investments by entities that have an insured depository within their corporate structure (i.e., the Volcker Rule). Consumer Financial Protection Bureau Proposed Rule on Confidential Treatment of Privileged Information RIN3170-AA20. H.R. 4014/S. 2099 - legislation to amend the Federal Deposit Insurance Act with respect to adding the Consumer Financial Protection Bureau for the protection of confidential and privileged information.
Federal Trade Commission's (FTC) proposed rules to implement Public Law 108-159, "Fair and Accurate Credit Transactions Act," that established uniform national standards for certain consumers credit insurance and employment transactions. The FTC and Federal Reserve (Fed) issued studies on the effects of credit scores and credit-based insurance scores on the availability of financial products. The FTC is studying the effects of the use of credit-based insurance scoring as it related to the affordability of homeowners insurance. "Medicare, Medicaid and SCHIP Extension Act of 2007," PL 110-173 and implementation of CMS Guidelines.
Patents/Intellectual Property - worked to reduce auto repair costs for consumers by supporting H.R. 3889, the "Promoting Automotive Repair, Trade and Sales (PARTS) Act," legislation permitting the use of repair parts that are not manufactured by the vehicle's original manufacturer.
Filing targets: Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)