H.R. 1155 — 113th Congress

National Association of Registered Agents and Brokers Reform Act of 2013

Originated in the House · Introduced Mar 14, 2013 · Finance and Financial Sector

Latest action

Sep 11, 2013

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 182.

CRS summary

As of Sep 10, 2013

Passed House amended

National Association of Registered Agents and Brokers Reform Act of 2013 - (Sec. 2) Amends the Gramm-Leach-Bliley Act to repeal the contingent conditions under which the National Association of Registered Agents and Brokers (NARAB) shall not be established. Establishes the NARAB without contingent conditions as an independent nonprofit corporation to prescribe, on a multi-state basis, licensing and insurance producer qualification requirements and conditions.

Prohibits the NARAB from merging with or into any other private or public entity.

Requires the NARAB, without affecting state regulatory authority, to provide a mechanism for the adoption and multi-state application of requirements and conditions pertaining to: (1) licensing, continuing education, and other qualifications of non-NARAB insurance producers; (2) resident or nonresident insurance producer appointments; (3) supervision and disciplining of such producers; and (4) the setting of licensing fees for insurance producers.

Makes any state-licensed insurance producer eligible to join the NARAB, except during a period of license suspension or revocation. Requires an individual insurance producer to undergo a criminal history record check by the Federal Bureau of Investigation (FBI). Requires the NARAB to submit to the FBI identification information obtained from the insurance producer, upon producer request, as well as a request of its own for the criminal history record check.

Authorizes the NARAB to: (1) establish membership criteria; and (2) deny membership to an individual state-licensed insurance producer on the basis of the criminal history information obtained, or where the producer has been subject to certain disciplinary action.

Prescribes procedures governing a criminal history record check, including the rights of applicants denied membership.

Authorizes the NARAB to establish membership criteria, including separate classes of membership and membership criteria for business entities; but prohibits it from establishing criteria that unfairly limit the ability of a small insurance producer to become a member of NARAB, including discriminatory membership fees.

Authorizes the NARAB to establish separate categories of membership for insurance producers and for other persons or entities within each class, based on the types of licensing categories that exist under state laws.

Prohibits the NARAB from establishing special categories of membership, including distinct membership criteria for members that are depository institutions or for their employees, agents, or affiliates.

Prohibits the NARAB from adopting any qualification less protective to the public than that contained in the National Association of Insurance Commissioners (NAIC) Producer Licensing Model Act.

Prescribes procedures for authorized information sharing pursuant to a request by a licensed insurance producer.

Authorizes the NARAB to deny membership to any state-licensed insurance producer for failure to meet membership criteria.

States that NARAB membership authorizes an insurance producer to engage in the business of insurance in any state for any lines of insurance specified in the producer's home state license, including claims adjustments and settlement, risk management, and specified insurance-related consulting activities.

Makes NARAB membership equivalent to a nonresident insurance producer license for specified purposes.

Empowers the NARAB to act as agent for any member for the purpose of remitting licensing fees to a state.

Requires the NARAB to disclose to states, including state insurance regulators and the NAIC, on an ongoing basis, a list of the states in which each member is authorized to operate.

Retains state regulatory jurisdiction regarding: (1) consumer protection and market conduct, and (2) state disciplinary authority.

Requires the NARAB to establish, as a condition of membership, continuing education requirements comparable to the continuing education requirements under the licensing laws of a majority of the states.

Prohibits the NARAB from offering continuing education courses for insurance producers.

Grants the NARAB disciplinary enforcement powers.

Requires the NARAB to: (1) receive and investigate consumer complaints, and to maintain a toll-free telephone number; and (2) refer any such complaint to the state insurance regulator. Prescribes information- sharing procedures and limitations with the NAIC or governmental entities.

Authorizes the NARAB to establish: (1) a central clearinghouse, or utilize NAIC as a central clearinghouse through which NARAB members may disclose their intent to operate in one or more states; and (2) a national database for the collection of regulatory information concerning the activities of insurance producers.

Establishes the NARAB board of directors, whose membership shall include state insurance commissioners. Sets forth terms and procedures for appointment of members by the President. Authorizes reappointment to successive terms. Prohibits compensation on account of Board membership.

Declares that the NARAB shall not be deemed to be an insurer or insurance producer within the meaning of any state law, rule, regulation, or order regulating or taxing insurers, insurance producers, or other entities engaged in the business of insurance.

Sets forth procedures for presidential oversight of the NARAB, including removal of the entire existing Board.

Sets forth a limited preemption of state laws purporting to regulate insurance producers.

Directs the NARAB to coordinate with the Financial Industry Regulatory Authority (FINRA) in order to ease administrative burdens that fall on NARAB members subject to regulation by FINRA.

Authorizes any person aggrieved by a NARAB decision or action to commence a civil action in an appropriate federal district court.

Prohibits federal funding of the NARAB.

Congressional Research Service, via api.congress.gov (public domain)

Roll-call votes

1 on record

Sep 10, 2013 · On Motion to Suspend the Rules and Pass, as Amended

Full roll call

Passed (397–6)

6 of 432 recorded votes are not yet matched to a member profile.

Yea397: 218 R · 173 D · 1 I

MemberPartyState
WATT, Melvin L.NC
ALEXANDER, RodneyLA
CANTOR, EricVA
RADEL, TreyFL
ANDREWS, Robert ErnestNJ
Terri A. SewellDemocratAL
Ed PastorDemocratAZ
Raúl M. GrijalvaDemocratAZ
Ron BarberDemocratAZ
Adam B. SchiffDemocratCA
Alan S. LowenthalDemocratCA
Anna G. EshooDemocratCA
Barbara LeeDemocratCA
Brad ShermanDemocratCA
Doris O. MatsuiDemocratCA
Eric SwalwellDemocratCA
George MillerDemocratCA
Gloria Negrete McLeodDemocratCA
Grace F. NapolitanoDemocratCA
Henry A. WaxmanDemocratCA
Jackie SpeierDemocratCA
Janice HahnDemocratCA
Jared HuffmanDemocratCA
Jerry McNerneyDemocratCA
Jim CostaDemocratCA
John GaramendiDemocratCA
Juan VargasDemocratCA
Judy ChuDemocratCA
Julia BrownleyDemocratCA
Karen BassDemocratCA
Linda T. SánchezDemocratCA
Lois CappsDemocratCA
Loretta SanchezDemocratCA
Lucille Roybal-AllardDemocratCA
Mark TakanoDemocratCA
Maxine WatersDemocratCA
Michael M. HondaDemocratCA
Mike ThompsonDemocratCA
Nancy PelosiDemocratCA
Sam FarrDemocratCA
Scott H. PetersDemocratCA
Susan A. DavisDemocratCA
Tony CárdenasDemocratCA
Xavier BecerraDemocratCA
Zoe LofgrenDemocratCA
Diana DeGetteDemocratCO
Ed PerlmutterDemocratCO
Jared PolisDemocratCO
James A. HimesDemocratCT
Joe CourtneyDemocratCT
Rosa L. DeLauroDemocratCT
John C. Carney Jr.DemocratDE
Alan GraysonDemocratFL
Alcee L. HastingsDemocratFL
Corrine BrownDemocratFL
Debbie Wasserman SchultzDemocratFL
Frederica S. WilsonDemocratFL
Joe GarciaDemocratFL
Kathy CastorDemocratFL
Theodore E. DeutchDemocratFL
David ScottDemocratGA
Henry C. "Hank" Johnson, Jr.DemocratGA
John BarrowDemocratGA
John LewisDemocratGA
Sanford D. Bishop, Jr.DemocratGA
Colleen HanabusaDemocratHI
Tulsi GabbardDemocratHI
Bruce L. BraleyDemocratIA
David LoebsackDemocratIA
Bill FosterDemocratIL
Bobby L. RushDemocratIL
Bradley Scott SchneiderDemocratIL
Cheri BustosDemocratIL
Daniel LipinskiDemocratIL
Janice D. SchakowskyDemocratIL
Luis V. GutiérrezDemocratIL
Mike QuigleyDemocratIL
Robin L. KellyDemocratIL
Tammy DuckworthDemocratIL
William L. EnyartDemocratIL
André CarsonDemocratIN
Peter J. ViscloskyDemocratIN
Cedric L. RichmondDemocratLA
James P. McGovernDemocratMA
John F. TierneyDemocratMA
Joseph P. Kennedy IIIDemocratMA
Michael E. CapuanoDemocratMA
Niki TsongasDemocratMA
Richard E. NealDemocratMA
Stephen F. LynchDemocratMA
William R. KeatingDemocratMA
C. A. Dutch RuppersbergerDemocratMD
Chris Van HollenDemocratMD
Donna F. EdwardsDemocratMD
Elijah E. CummingsDemocratMD
John K. DelaneyDemocratMD
John P. SarbanesDemocratMD
Steny H. HoyerDemocratMD
Chellie PingreeDemocratME
Michael H. MichaudDemocratME
Daniel T. KildeeDemocratMI
Gary C. PetersDemocratMI
John D. DingellDemocratMI
Sander M. LevinDemocratMI
Collin C. PetersonDemocratMN
Keith EllisonDemocratMN
Richard M. NolanDemocratMN
Emanuel CleaverDemocratMO
Wm. Lacy ClayDemocratMO
Bennie G. ThompsonDemocratMS
David E. PriceDemocratNC
G. K. ButterfieldDemocratNC
Mike McIntyreDemocratNC
Ann M. KusterDemocratNH
Carol Shea-PorterDemocratNH
Albio SiresDemocratNJ
Bill Pascrell, Jr.DemocratNJ
Donald M. Payne, Jr.DemocratNJ
Frank Pallone, Jr.DemocratNJ
Rush HoltDemocratNJ
Ben Ray LujánDemocratNM
Michelle Lujan GrishamDemocratNM
Dina TitusDemocratNV
Steven HorsfordDemocratNV
Brian HigginsDemocratNY
Carolyn B. MaloneyDemocratNY
Charles B. RangelDemocratNY
Eliot L. EngelDemocratNY
Hakeem S. JeffriesDemocratNY
Jerrold NadlerDemocratNY
José E. SerranoDemocratNY
Joseph CrowleyDemocratNY
Louise McIntosh SlaughterDemocratNY
Nita M. LoweyDemocratNY
Paul TonkoDemocratNY
Steve IsraelDemocratNY
Timothy H. BishopDemocratNY
William L. OwensDemocratNY
Joyce BeattyDemocratOH
Marcia L. FudgeDemocratOH
Marcy KapturDemocratOH
Earl BlumenauerDemocratOR
Kurt SchraderDemocratOR
Peter A. DeFazioDemocratOR
Suzanne BonamiciDemocratOR
Allyson Y. SchwartzDemocratPA
Chaka FattahDemocratPA
Matt CartwrightDemocratPA
Michael F. DoyleDemocratPA
Robert A. BradyDemocratPA
David N. CicillineDemocratRI
James R. LangevinDemocratRI
James E. ClyburnDemocratSC
Jim CooperDemocratTN
Al GreenDemocratTX
Beto O’RourkeDemocratTX
Eddie Bernice JohnsonDemocratTX
Filemon VelaDemocratTX
Gene GreenDemocratTX
Henry CuellarDemocratTX
Joaquin CastroDemocratTX
Lloyd DoggettDemocratTX
Marc A. VeaseyDemocratTX
Pete P. GallegoDemocratTX
Rubén HinojosaDemocratTX
Sheila Jackson LeeDemocratTX
Jim MathesonDemocratUT
Gerald E. ConnollyDemocratVA
James P. MoranDemocratVA
Robert C. "Bobby" ScottDemocratVA
Adam SmithDemocratWA
Derek KilmerDemocratWA
Jim McDermottDemocratWA
Rick LarsenDemocratWA
Suzan K. DelBeneDemocratWA
Gwen MooreDemocratWI
Mark PocanDemocratWI
Nick J. Rahall IIDemocratWV
Kyrsten SinemaIndependentAZ
Don YoungRepublicanAK
Martha RobyRepublicanAL
Mike RogersRepublicanAL
Mo BrooksRepublicanAL
Robert B. AderholtRepublicanAL
Spencer BachusRepublicanAL
Eric A. "Rick" CrawfordRepublicanAR
Steve WomackRepublicanAR
Tim GriffinRepublicanAR
Tom CottonRepublicanAR
David SchweikertRepublicanAZ
Matt SalmonRepublicanAZ
Paul A. GosarRepublicanAZ
Trent FranksRepublicanAZ
Dana RohrabacherRepublicanCA
Darrell IssaRepublicanCA
David G. ValadaoRepublicanCA
Devin NunesRepublicanCA
Doug LaMalfaRepublicanCA
Duncan HunterRepublicanCA
Edward R. RoyceRepublicanCA
Gary G. MillerRepublicanCA
Howard P. "Buck" McKeonRepublicanCA
Jeff DenhamRepublicanCA
John CampbellRepublicanCA
Ken CalvertRepublicanCA
Kevin McCarthyRepublicanCA
Paul CookRepublicanCA
Tom McClintockRepublicanCA
Cory GardnerRepublicanCO
Doug LambornRepublicanCO
Mike CoffmanRepublicanCO
Scott R. TiptonRepublicanCO
Ander CrenshawRepublicanFL
Bill PoseyRepublicanFL
Daniel WebsterRepublicanFL
Dennis A. RossRepublicanFL
Gus M. BilirakisRepublicanFL
Ileana Ros-LehtinenRepublicanFL
Jeff MillerRepublicanFL
John L. MicaRepublicanFL
Mario Diaz-BalartRepublicanFL
Richard B. NugentRepublicanFL
Ron DeSantisRepublicanFL
Steve Southerland IIRepublicanFL
Ted S. YohoRepublicanFL
Thomas J. RooneyRepublicanFL
Vern BuchananRepublicanFL
Austin ScottRepublicanGA
Doug CollinsRepublicanGA
Jack KingstonRepublicanGA
Lynn A. WestmorelandRepublicanGA
Paul C. BrounRepublicanGA
Phil GingreyRepublicanGA
Rob WoodallRepublicanGA
Tom GravesRepublicanGA
Tom PriceRepublicanGA
Steve KingRepublicanIA
Tom LathamRepublicanIA
Michael K. SimpsonRepublicanID
Raúl R. LabradorRepublicanID
Aaron SchockRepublicanIL
Adam KinzingerRepublicanIL
John ShimkusRepublicanIL
Peter J. RoskamRepublicanIL
Randy HultgrenRepublicanIL
Rodney DavisRepublicanIL
Jackie WalorskiRepublicanIN
Larry BucshonRepublicanIN
Marlin A. StutzmanRepublicanIN
Susan W. BrooksRepublicanIN
Todd RokitaRepublicanIN
Todd YoungRepublicanIN
Kevin YoderRepublicanKS
Lynn JenkinsRepublicanKS
Mike PompeoRepublicanKS
Tim HuelskampRepublicanKS
Andy BarrRepublicanKY
Brett GuthrieRepublicanKY
Ed WhitfieldRepublicanKY
Harold RogersRepublicanKY
Bill CassidyRepublicanLA
Charles W. Boustany Jr.RepublicanLA
John FlemingRepublicanLA
Steve ScaliseRepublicanLA
Andy HarrisRepublicanMD
Bill HuizengaRepublicanMI
Candice S. MillerRepublicanMI
Dan BenishekRepublicanMI
Dave CampRepublicanMI
Fred UptonRepublicanMI
Kerry L. BentivolioRepublicanMI
Mike RogersRepublicanMI
Tim WalbergRepublicanMI
Erik PaulsenRepublicanMN
John KlineRepublicanMN
Michele BachmannRepublicanMN
Ann WagnerRepublicanMO
Billy LongRepublicanMO
Blaine LuetkemeyerRepublicanMO
Jason SmithRepublicanMO
Sam GravesRepublicanMO
Vicky HartzlerRepublicanMO
Alan NunneleeRepublicanMS
Gregg HarperRepublicanMS
Steven M. PalazzoRepublicanMS
Steve DainesRepublicanMT
George HoldingRepublicanNC
Howard CobleRepublicanNC
Mark MeadowsRepublicanNC
Patrick T. McHenryRepublicanNC
Renee L. EllmersRepublicanNC
Richard HudsonRepublicanNC
Robert PittengerRepublicanNC
Virginia FoxxRepublicanNC
Walter B. JonesRepublicanNC
Kevin CramerRepublicanND
Jeff FortenberryRepublicanNE
Lee TerryRepublicanNE
Christopher H. SmithRepublicanNJ
Frank A. LoBiondoRepublicanNJ
Jon RunyanRepublicanNJ
Leonard LanceRepublicanNJ
Rodney P. FrelinghuysenRepublicanNJ
Scott GarrettRepublicanNJ
Stevan PearceRepublicanNM
Joseph J. HeckRepublicanNV
Mark E. AmodeiRepublicanNV
Chris CollinsRepublicanNY
Christopher P. GibsonRepublicanNY
Michael G. GrimmRepublicanNY
Peter T. KingRepublicanNY
Richard L. HannaRepublicanNY
Tom ReedRepublicanNY
Bill JohnsonRepublicanOH
Bob GibbsRepublicanOH
Brad R. WenstrupRepublicanOH
David P. JoyceRepublicanOH
James B. RenacciRepublicanOH
Jim JordanRepublicanOH
Michael R. TurnerRepublicanOH
Patrick J. TiberiRepublicanOH
Robert E. LattaRepublicanOH
Steve ChabotRepublicanOH
Steve StiversRepublicanOH
Frank D. LucasRepublicanOK
James LankfordRepublicanOK
Markwayne MullinRepublicanOK
Tom ColeRepublicanOK
Greg WaldenRepublicanOR
Bill ShusterRepublicanPA
Charles W. DentRepublicanPA
Glenn ThompsonRepublicanPA
Jim GerlachRepublicanPA
Joseph R. PittsRepublicanPA
Keith J. RothfusRepublicanPA
Lou BarlettaRepublicanPA
Michael G. FitzpatrickRepublicanPA
Mike KellyRepublicanPA
Patrick MeehanRepublicanPA
Scott PerryRepublicanPA
Tim MurphyRepublicanPA
Tom MarinoRepublicanPA
Jeff DuncanRepublicanSC
Joe WilsonRepublicanSC
Mick MulvaneyRepublicanSC
Tom RiceRepublicanSC
Trey GowdyRepublicanSC
Kristi L. NoemRepublicanSD
Charles J. "Chuck" FleischmannRepublicanTN
David P. RoeRepublicanTN
Diane BlackRepublicanTN
John J. Duncan, Jr.RepublicanTN
Marsha BlackburnRepublicanTN
Scott DesJarlaisRepublicanTN
Stephen Lee FincherRepublicanTN
Bill FloresRepublicanTX
Blake FarentholdRepublicanTX
Jeb HensarlingRepublicanTX
Joe BartonRepublicanTX
John Abney CulbersonRepublicanTX
John R. CarterRepublicanTX
K. Michael ConawayRepublicanTX
Kay GrangerRepublicanTX
Kenny MarchantRepublicanTX
Kevin BradyRepublicanTX
Lamar SmithRepublicanTX
Mac ThornberryRepublicanTX
Michael C. BurgessRepublicanTX
Michael T. McCaulRepublicanTX
Pete OlsonRepublicanTX
Pete SessionsRepublicanTX
Ralph M. HallRepublicanTX
Randy K. Weber, Sr.RepublicanTX
Randy NeugebauerRepublicanTX
Roger WilliamsRepublicanTX
Sam JohnsonRepublicanTX
Steve StockmanRepublicanTX
Ted PoeRepublicanTX
Chris StewartRepublicanUT
Jason ChaffetzRepublicanUT
Bob GoodlatteRepublicanVA
E. Scott RigellRepublicanVA
Frank R. WolfRepublicanVA
J. Randy ForbesRepublicanVA
Robert HurtRepublicanVA
Robert J. WittmanRepublicanVA
Cathy McMorris RodgersRepublicanWA
David G. ReichertRepublicanWA
Doc HastingsRepublicanWA
F. James Sensenbrenner, Jr.RepublicanWI
Paul D. RyanRepublicanWI
Reid J. RibbleRepublicanWI
Sean P. DuffyRepublicanWI
Thomas E. PetriRepublicanWI
David B. McKinleyRepublicanWV
Shelley Moore CapitoRepublicanWV
Cynthia M. LummisRepublicanWY

Nay6: 5 R · 1 L

MemberPartyState
Justin AmashLibertarianMI
Thomas MassieRepublicanKY
Adrian SmithRepublicanNE
Jim BridenstineRepublicanOK
Mark SanfordRepublicanSC
H. Morgan GriffithRepublicanVA

Not Voting29: 24 D · 4 R

MemberPartyState
YOUNG, Charles WilliamFL
Ann KirkpatrickDemocratAZ
Ami BeraDemocratCA
Raul RuizDemocratCA
Elizabeth H. EstyDemocratCT
John B. LarsonDemocratCT
Lois FrankelDemocratFL
Patrick MurphyDemocratFL
Danny K. DavisDemocratIL
John A. YarmuthDemocratKY
John Conyers, Jr.DemocratMI
Betty McCollumDemocratMN
Timothy J. WalzDemocratMN
Carolyn McCarthyDemocratNY
Daniel B. MaffeiDemocratNY
Grace MengDemocratNY
Gregory W. MeeksDemocratNY
Nydia M. VelázquezDemocratNY
Sean Patrick MaloneyDemocratNY
Yvette D. ClarkeDemocratNY
Tim RyanDemocratOH
Steve CohenDemocratTN
Peter WelchDemocratVT
Denny HeckDemocratWA
Ron KindDemocratWI
Luke MesserRepublicanIN
Louie GohmertRepublicanTX
Rob BishopRepublicanUT
Jaime Herrera BeutlerRepublicanWA

Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.