HR 1861 · 96th Congress · Commerce

A bill to amend the McCarran-Ferguson Act to require effective State regulation of business of insurance to obtain exemption from certain Federal laws.

Introduced 1979-02-05· Sponsored by Rep. LaFalce, John J. [D-NY-36]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on the Judiciary.(1979-02-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the McCarran-Ferguson Act to allow the repeal of the exemption of the insurance business from the Federal antitrust laws when the Federal Trade Commission determines that State regulation of insurance is not effective in achieving the purposes of such laws.…

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

Cosponsors (2)

2 Democrats
Rep. Conyers, John, Jr. [D-MI-1]MI
Rep. Ottinger, Richard L. [D-NY-24]NY