HR 4885 · 115th Congress · Finance and Financial Sector

FAIR RATES Act of 2018

Introduced 2018-01-25· Sponsored by Rep. Takano, Mark [D-CA-41]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2018-01-25)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Auto Insurance Ratemaking Reporting to Allow a Transparent Evaluation of Statistics Act of 2018 or the FAIR RATES Act of 2018 This bill directs the Federal Insurance Office (FIO) of the Department of the Treasury to collect private passenger automobile insurance data from certain automobile insurers, federal and state agencies, or other intermediaries. FIO must report on any racial disparities in premium costs and claims payment amounts.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (11)

11 Democrats
Rep. Gonzalez, Vicente [D-TX-15]TX
Rep. Roybal-Allard, Lucille [D-CA-40]CA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Bass, Karen [D-CA-37]CA
Rep. Jackson Lee, Sheila [D-TX-18]TX
Rep. Watson Coleman, Bonnie [D-NJ-12]NJ
Rep. Kaptur, Marcy [D-OH-9]OH
Rep. Capuano, Michael E. [D-MA-7]MA
Rep. Raskin, Jamie [D-MD-8]MD
Rep. Richmond, Cedric L. [D-LA-2]LA
Rep. Lofgren, Zoe [D-CA-19]CA