,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #fje  ,,in ,,the ,,house ,,of   
,,representatives  ,february #h1 #bjac  
,mr4 ,posey introduced the following    
bill2 which was referred to the         
,committee on ,financial ,services  ,a  
,,bill  ,to exclude insurance companies 
from the ,federal ,depository ,insurance
 ,corporation's orderly liquidation     
authority4  #a4 ,short title ,this ,act 
may be cited as the ,insurance ,consumer
 ,protection and ,solvency ,act of      
#bjac4  #b4 ,liquidation authority  7a7 
,definition of financial company ,clause
 7iii7 of section #bja7;a77#aa77;,b7 of 
the ,dodd-,frank ,wall ,street ,reform  
and ,consumer ,protection ,act 7#ab     
,u4,s4,c4 #echa7;a77#aa77;,b77iii77 is  
amended by inserting an insurance       
company or after other than4  7b7       
,treatment of insurance companies and   
subsidiaries ,subsection 7e7 of section 
#bjc of the ,dodd-,frank ,wall ,street  
,reform and ,consumer ,protection ,act  
7#ab ,u4,s4,c4 #echc7;e77 is amended--  

7#a7 in paragraph 7#a7--  7,a7 by       
striking if an insurance company is a   
covered financial company or a          
subsidiary or affiliate of a covered    
financial company12 and  7,b7 by        
striking such insurance and inserting an
 insurance2 and  7#b7 by striking       
paragraph 7#c74  7c7 ,assessments       
,paragraph 7#a7 of section #baj7o7 of   
the ,dodd-,frank ,wall ,street ,reform  
and ,consumer ,protection ,act 7#ab     
,u4,s4,c4 #ecij7o77#a77 is amended by   
inserting 1 excluding an insurance      
company subject to assessment pursuant  
to applicable ,state law to cover 7or   
reimburse payments made to cover7 the   
costs of rehabilitation1 liquidation1 or
 other ,state insolvency proceeding with
 respect to #a or more insurance        
companies1 after #ej1jjj1jjj1jjj each   
place such term appears4