,,ib ,union ,calendar ,no4 #ghg #aahth ,,congress #b;d ,session ,h4 ,r4 #eece ,report ,no4 #aah-gei1 ,part ,i ,,in ,,the ,,house ,,of ,,representatives ,september #ah1 #bjbc,mr4 ,fitzgerald 7for himself1 ,mr4 ,flood1 and ,mr4 ,luetkemeyer7 introduced the following bill2 which was referred to the ,committee on ,financial ,services1 and in addition to the ,committee on ,agriculture1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,november #ba1 #bjbd,reported from the ,committee on ,financial ,services with an amendment,strike out all after the enacting clause and insert the part printed in italic ,november #ba1 #bjbd,referral to the ,committee on ,agriculture extended for a period ending not later than ,december #ai1 #bjbd ,december #ai1 #bjbd;,additional sponsors3 ,mr4 ,donalds1 ,mr4 ,moore of ,alabama1 ,mr4 ,rogers of ,alabama1 ,ms4 ,de ,la ,cruz1 ,mr4 ,carl1 ,mr4 ,strong1 ,mr4 ,steil1 ,mr4 ,garbarino1 ,mr4 ,la,hood1 ,mr4 ,lawler1 ,ms4 ,hageman1 ,mr4 ,issa1 ,mr4 ,barr1 ,mr4 ,timmons1 ,mr4 ,stauber1 ,mr4 ,norman1 ,mr4 ,grothman1 ,mr4 ,williams of ,texas1 ,mr4 ,nunn of ,iowa1 ,mr4 ,huizenga1 ,mr4 ,meuser1 ,mr4 ,rose1 ,mr4 ,sessions1 ,mr4 ,loudermilk1 ,mr4 ,moolenaar1 ,mrs4 ,houchin1 ,mr4 ,emmer and ,mr4 ,langworthy ,december #ai1 #bjbd;,committee on ,agriculture discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed,for text of introduced bill1 see copy of bill as introduced on ,september #ah1 #bjbc ,a ,,bill ,to prohibit the ,federal ,insurance ,office of the ,department of the ,treasury and other financial regulators from collecting data directly from an insurance company4 #a4 ,short title ,this ,act may be cited as the ,insurance ,data ,protection ,act4 #b4 ,repeal of subpoena and enforcement authority ,subsection 7e7 of section #cac of title #ca1 ,united ,states ,code1 is amended by striking paragraph 7#f74 #c4 ,confidentiality by ,federal ,insurance ,office ,section #cac7;e7 of title #ca1 ,united ,states ,code1 is amended in paragraph 7#e7-- 7#a7 in subparagraph 7,a71 by inserting after ,office the following3 and the sharing of any nonpublicly available data with or by the ,office among other ,federal agencies1 the ,state insurance regulators and their collective agents1 or any other entities2 7#b7 in subparagraph 7,c77ii71 by inserting any privilege referred to in subparagraph 7,a7 and after including2 and 7#c7 in subparagraph 7,d71 by inserting including the exceptions thereunder1 after ,united ,states ,code14 #d4 ,limitation on subpoenas by the ,office of ,financial ,research ,section #aec7;f77#a7 of the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act is amended by inserting after financial company1 the following3 other than an insurance company 7as defined under section #bja7;a77#ac7714 #e4 ,confidentiality by financial regulators 7a7 ,in general ,title ,i of the ,financial ,stability ,act of #bjaj 7#ab ,u4,s4,c4 #ecdc7;f77#a77 is amended by inserting at the end the following3 ,d ,treatment of data collected from insurance companies #aha4 ,treatment of data collected from insurance companies by financial regulators 7a7 ,advance coordination ,before collecting any data or information from a nonbank financial company that is an insurance company pursuant to this title or title ,,ii1 a financial regulator shall coordinate with each relevant ,federal agency and ,state insurance regulator and any publicly available sources to determine if the information to be collected is available from1 and may be obtained in a timely manner by1 such ,federal agency or ,state insurance regulator1 individually or collectively1 other regulatory agency1 or publicly available sources4 ,if the financial regulator determines that such data or information is available1 and may be obtained in a timely manner1 from such an agency1 regulator1 regulatory agency1 or source1 the financial regulator shall obtain the data or information from such agency1 regulator1 regulatory agency1 or source4 ,if the financial regulator determines that such data or information is not so available1 the financial regulator may collect such data or information from an insurance company only if the financial regulator complies with the requirements of subchapter ,i of chapter #ce of title #dd1 ,united ,states ,code 7relating to ,federal information policy2 commonly known as the ,paperwork ,reduction ,act71 in collecting such data or information4 ,notwithstanding any other provision of law1 each such relevant ,federal agency and ,state insurance regulator or other ,federal or ,state regulatory agency is authorized to provide to the financial regulator such data or information4 7b7 ,confidentiality 7#a7 ,retention of privilege ,the sharing by a nonbank financial company that is an insurance company of any nonpublicly available data and information with a financial regulator under this title or title ,,ii shall not constitute a waiver of1 or otherwise affect1 any privilege arising under ,federal or ,state law 7including the rules of any ,federal or ,state court7 to which the data or information is otherwise subject4 7#b7 ,continued application of prior confidentiality agreements ,any requirement under ,federal or ,state law to the extent otherwise applicable1 or any requirement pursuant to a written agreement in effect between the original source of any nonpublicly available data or information and the source of such data or information to the financial regulator1 regarding the privacy or confidentiality of any data or information in the possession of the source to a financial regulator1 shall continue to apply to such data or information after the data or information has been provided pursuant to this section to the financial regulator4 7#c7 ,information-sharing agreement ,any data or information obtained by a financial regulator may be made available to ,state insurance regulators1 individually or collectively1 through an information-sharing agreement that-- 7,a7 shall comply with applicable ,federal law2 and 7,b7 shall not constitute a waiver of1 or otherwise affect1 any privilege under ,federal or ,state law 7including any privilege described in paragraph 7#a7 and the rules of any ,federal or ,state court7 to which the data or information is otherwise subject4 7#d7 ,agency disclosure requirements ,section #eeb of title #e1 ,united ,states ,code1 including the exceptions thereunder1 shall apply to any data or information submitted to a financial regulator1 by a nonbank financial company that is an insurance company pursuant to this title or title ,,ii1 as required under this section4 7c7 ,definitions ,for purposes of this section3 7#a7 ,financial regulator ,the term financial regulator means the ,commission1 the ,commodity ,futures ,trading ,commission1 the ,council1 the ,federal banking agencies1 and the ,office of ,financial ,research4 7#b7 ,insurance company ,the term insurance company has the meaning given such term under section #bja7;a77#ac74 4 7b7 ,technical amendment ,the table of contents for the ,dodd-,frank ,wall ,street ,reform and ,consumer ,protection ,act is amended by inserting after the item relating to section #agf the following3 ,subtitle ,d--,treatment of data collected from insurance companies,sec4 #aha4 ,treatment of data collected from insurance companies by financial regulators4 4 ,december #ai1 #bjbd;,committee on ,agriculture discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed