Search Results for keywords:"regulatory loophole"

Search Results: keywords:"regulatory loophole"

H. R. 7000 — To amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes.
January 16, 2024
Status:Introduced in House
Congress:118
Words:453
H.R. 7000, titled the "Business of Insurance Regulatory Reform Act of 2024," seeks to amend the Consumer Financial Protection Act of 2010. The bill aims to clarify the limits of the Bureau of Consumer Financial Protection's authority over individuals regulated by state...
Simple Explanation
The Business of Insurance Regulatory Reform Act of 2024 is a rule that says when it comes to money laws, the people who watch over insurance in each state are more in charge than the big boss in Washington, D.C., that usually keeps an eye on money matters.
S. 5359 — To amend the National Marine Sanctuary Act to prohibit requiring an authorization for the installation, operation, maintenance, repair, or recovery of undersea fiber optic cables in a national marine sanctuary if such activities have previously been authorized by a Federal or State agency.
November 20, 2024
Status:Introduced in Senate
Congress:118
Words:381
S. 5359 is a bill that aims to change the National Marine Sanctuary Act so that no new federal authorizations are needed for undersea fiber optic cables in national marine sanctuaries if those cables have already been approved by a federal or state agency. This means that if the cables...
Simple Explanation
This bill says that if some special wires under the sea, which help us talk on the internet, have already been okayed by some government helpers, they don't need to ask for permission again if they want to fix or check these wires in certain ocean places that need protecting.
H. R. 8575 — To amend title XIX of the Social Security Act to revise the definition of institution for mental diseases under the Medicaid program to exclude from such definition institutions having 36 beds or less if such institutions meet certain standards.
May 28, 2024
Status:Introduced in House
Congress:118
Words:467
H.R. 8575, known as the "Michelle Alyssa Go Act," seeks to change the Medicaid definition of an "institution for mental diseases." The bill proposes that institutions with 36 beds or fewer should not be considered institutions for mental diseases if they comply with specific...
Simple Explanation
This bill wants to change the rules about how some small places that help people with mental health problems are classified so they can get special support if they have 36 beds or less and follow certain helpful rules.

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