House Leader Pulls OII Bill Off Floor
|September 18, 2008|
Insurance Information Act of 2008 (H.R. 5840)|
National Underwriter | Sept. 17, 2008
H.R. 5840, a bill that would create an Office of Insurance Information at the Treasury Department, has been pulled off the House floor.House Speaker Nancy Pelosi, D-Calif., decided tonight to yank the OII bill off the “suspension calendar,” which is used to consider what appear to be uncontroversial bills, after Rep. Jackie Speier, D-Calif., a lawmaker from a neighboring district who is serving her first term in Congress, raised questions about how the bill would affect California insurance rate regulation.