Category: Legislative Updates

With the issuance of an Executive Order today, August 5, 2009, Florida Governor Charlie Crist set a special primary election date of September 15, followed by a special general election on October 6, 2009 to fill the Senate District 8 …

United States Representative Earl Pomeroy (D-North Dakota) introduced legislation on July 22, 2009 that would amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies.  Co-sponsored by Representative Paul Ryan …

The United States House of Representatives approved House Resolution 3139 today, July 30, 2009.  The bill, which now goes to the U.S. Senate for consideration, would extend the National Flood Insurance Program (“NFIP”) through March 21, 2010. The bill also …

The United States House Financial Services Committee issued the following press release today, July 29, 2009: Bill would rein in compensation practices that led to excessive risk-taking; House consideration is expected on Friday Washington, DC – Today, the Financial Services Committee …

The United States Senate Committee on Commerce, Science and Transportation held a hearing entitled “Weathering the Storm:  The Need for a National Hurricane Initiative,” on Tuesday, July 28, in Washington, D.C. The Hearing was designed to highlight and provide a …

The United States House Committee on Financial Services held a hearing entitled “Systemic Risk:  Are Some Institutions Too Big to Fail, and If So, What Should We Do About It?” on Tuesday, July 21, in Washington, D.C. The following witnesses …

The United States House Committee on Financial Services held a hearing entitled “Community and Consumer Advocates’ Perspectives on the Obama Administration’s Financial Regulatory Reform Proposals,” on Thursday, July 16, in Washington, D.C. The following witnesses provided written testimony in advance …

Washington, DC – Today, Chairman Barney Frank (D-MA) circulated a “discussion draft” on executive compensation to members of the Financial Services Committee.  The draft is based on “Say-on-Pay” legislation” that passed the House in 2007 and legislative proposals released yesterday …

The United States House Committee on Financial Services held a hearing entitled “Banking Industry Perspectives on the Obama Administration’s Financial Regulatory Reform Proposals,” on Wednesday, July 15, in Washington, D.C.  The following witnesses provided written testimony in advance of the …

Legislation to extend the National Flood Insurance Program (“NFIP”) was filed yesterday, July 9, 2009 in the U.S. House of Representatives by U.S. House Financial Services Subcommittee on Housing and Community Opportunity Chairwoman Maxine Waters.  The NFIP will expire on …