Proyectos de ley › 89.ª Asamblea General
Relating to life insurance company or association cash reinvestments in repurchase agreements collateralized by securities, and including applicability provisions
Presentado por el comité Commerce de la Cámara
Dónde está ahora
- Hecho: Presentado13 de enero de 2021
- Hecho: Subcomité13 de enero de 2021
- Hecho: Comité de la Cámara25 de enero de 2021
- Hecho: Lo aprueba la Cámara2 de febrero de 2021
- Hecho: Comité del Senado10 de febrero de 2021
- Hecho: Lo aprueba el Senado7 de abril de 202144–0
- Hecho: A gobernador(a)30 de abril de 2021
- Hecho: Firmado como ley30 de abril de 2021
Firmado como ley ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA Life insurance companies and associations would be allowed to reinvest their extra cash into different types of agreements. These new rules let them use government securities that take longer than 270 days to mature as collateral. Currently, the law only allows them to use securities that mature in less than 270 days. (Todavía no está traducido al español.)1
Lea la explicación oficial (en inglés)
This bill allows life insurance companies and associations to reinvest cash or cash equivalent collateral for loans from securities held in their legal reserves in repurchase agreements collateralized by securities in United States government obligations maturing in 270 days or more. Under current law, all securities that collateralize repurchase agreements must mature in less than 270 days. “United States government obligations” is described in the bill. The bill applies to cash or cash equivalent reinvestments, by life insurance companies and associations, made in repurchase agreements collateralized by securities, on or after January 1, 2022.
Texto completo del proyecto (en inglés) · Qué cambió antes de aprobarse2
House subcommittee
Named January 13, 2021 (as HSB 32). On January 20, 2021 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Lo que cambia del Código de Iowa (Iowa Code)
Modifica§511.8
Cabildeo
3 a favor · 0 en contra · 10 indecisos · Quiénes →
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Study bill
89th General Assembly