S. 618Senate110th Congress (2007-2009)In Committee

Insurance Industry Competition Act of 2007

Introduced February 15, 2007

Legislative Activity

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3 earlier actions
SenateCommittee Latest Action

Committee on the Judiciary. Hearings held.

March 7, 2007

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SenateIntro Referral

Introduced in Senate

February 15, 2007

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S2044-2045)

February 15, 2007

SenateIntro Referral

Read twice and referred to the Committee on the Judiciary.

February 15, 2007

SenateCommittee

Committee on the Judiciary. Hearings held.

March 7, 2007

Floor Debate

22 members

What members said about S. 618 on the floor

7 Republicans14 Democrats1 Independent
Edward M. Kennedy
Sen. Edward M. KennedyD-MA · Dec 12, 2007

Madam President, how much time do we have? I yield myself 10 minutes. Madam President, I came over to speak on an extremely important issue dealing with the public safety of employer-employee…

Byron L. Dorgan
Sen. Byron L. DorganD-ND · Dec 12, 2007

Madam President, I rise with my colleague from Iowa, Senator Grassley, and others who will be here to discuss the Dorgan- Grassley-Ben Nelson, et al, amendment we put together to this bill. Let me…

Chuck Grassley
Sen. Chuck GrassleyR-IA · Dec 12, 2007

Mr. President, I ask unanimous consent to speak for 5 minutes. Mr. President, I wish to speak in support of a provision in the bill that the amendment before us is going to strike, the Farm and Ranch…

Ron Wyden
Sen. Ron WydenD-OR · Feb 15, 2007

Mr. President, it has been more than 200 years since Lewis and Clark first laid eyes on Mount Hood. Today, I propose, with Senator Smith, that the spectacular mountain, seen first by our pioneers,…

Lamar Alexander
Sen. Lamar AlexanderR-TN · Dec 12, 2007

I have up to 30 minutes to describe these two amendments, and then other Senators have time, I assume, to oppose the amendments. What I will do is-- Yes. Mr. President, I suggest the absence of a…

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Tom Harkin
Sen. Tom HarkinD-IA · Feb 15, 2007

Mr. President, today I am introducing the ``Competitive and Fair Agricultural Markets Act of 2007.'' Cosponsors joining me in introducing this legislation are: Senators Enzi, Feingold, Thomas,…

Blanche L. Lincoln
Sen. Blanche L. LincolnD-AR · Dec 12, 2007

Madam President, I rise today in opposition to the Dorgan-Grassley amendment before us. But before I explain why, I do want to say I have tremendous respect for my colleagues from North Dakota and…

Saxby Chambliss
Sen. Saxby ChamblissR-GA · Dec 12, 2007

Madam President, I think the issue is as to what time those votes will take place. As I understand the unanimous consent request, it is following the debate on the Grassley-Dorgan amendment that we…

Judd Gregg
Sen. Judd GreggR-NH · Dec 12, 2007

Will the Senator yield for a question? Mr. President, I ask unanimous consent for 3 minutes to respond to the Senator from Iowa who referred to me in his comments. Mr. President, I find it extremely…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Dec 12, 2007

I announce that the Senator from Delaware (Mr. Biden), the Senator from New York (Mrs. Clinton), the Senator from Connecticut (Mr. Dodd), and the Senator from Illinois (Mr. Obama) are necessarily…

Edward M. Kennedy
Sen. Edward M. KennedyD-MA · Feb 15, 2007

Mr. President, today, we are introducing legislation to give the Food and Drug Administration broad authority to regulate tobacco products. Congress cannot in good conscience allow the Federal agency…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · Feb 15, 2007

Mr. President, today I am introducing the third in a series of bills intended to support American companies and American workers. Earlier this week, I introduced a resolution which would set some…

Barbara Boxer
Sen. Barbara BoxerD-CA · Dec 12, 2007

Mr. President, I rise in opposition to Gregg amendment No. 3672. This amendment irresponsibly strips $15 million in funding for an asparagus market loss program to help asparagus producers who have…

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Richard J. Durbin
Sen. Richard J. DurbinD-IL · Feb 15, 2007

Mr. President, today I introduce, with Senators Kerry and Menendez, an environmental justice bill that will help protect the well-being of minority and low-income communities throughout the United…

John Cornyn
Sen. John CornynR-TX · Dec 12, 2007

Mr. President, I express my appreciation to the senior Senator from New Hampshire for bringing this important amendment to the Senate floor. We just heard from the distinguished assistant majority…

Bernard Sanders
Sen. Bernard SandersI-VT · Dec 12, 2007

Mr. President, let me begin by concurring with much of what Senator Salazar has said. I have a lot of respect for Senator Alexander. I have worked with him on some issues, and I look forward to…

Richard G. Lugar
Sen. Richard G. LugarR-IN · Feb 15, 2007

Mr. President, this legislation authorizes the creation of a civilian readiness corps to address post-conflict situations and other emergencies overseas. The Senate already embraced the creation of…

Ken Salazar
Sen. Ken SalazarD-CO · Dec 12, 2007

Will the Senator from Tennessee yield for a question? Mr. President, I had understood that the order we were following would be to consider Alexander amendment 3553 with 10 minutes of debate time. If…

Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Feb 15, 2007

I am proud to cosponsor this bill, which will create new and better tools to combat fraud, waste, and abuse in government contracting. I commend our chief sponsor, Senator Byron Dorgan, for his…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Feb 15, 2007

Mr. President, I rise today to introduce legislation that ensures our Nation's homeland security grant resources are allocated in the most effective manner possible. I am pleased to be joined by my…

Wayne Allard
Sen. Wayne AllardR-CO · Dec 12, 2007

Mr. President, I thank Senator Gregg from New Hampshire for his amendment. This is a commonsense amendment, and I think it is entirely appropriate to have it on the agriculture bill because it is one…

Christopher J. Dodd
Sen. Christopher J. DoddD-CT · Feb 15, 2007

Mr. President, I am pleased today to join with my colleague Senator Hatch to introduce legislation to protect the most vulnerable members of our society: newborn infants. Many people know the joy of…

Charles E. Schumer
Sen. Charles E. SchumerD-NY · Feb 15, 2007

Mr. President, I rise today to introduce the Access to Life-Saving Medicine Act with my colleague, Senator Clinton. Recognizing the promise of generic drugs as safe and effective treatments at…

Maria Cantwell
Sen. Maria CantwellD-WA · Feb 15, 2007

Mr. President, early in the 109th Congress I introduced a bill to address the troubling shortage of allied health professionals in our country. Sadly, we were unable to act on this bill despite…

Bill Text

Latest available legislative text

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Introduced in SenateIssued February 15, 2007

II

110th CONGRESS

1st Session

S. 618

IN THE SENATE OF THE UNITED STATES

February 15, 2007

Mr. Leahy (for himself, Mr. Specter, Mr. Lott, Mr. Reid, and Ms. Landrieu) introduced the following bill; which was read twice and referred to the Committee on the Judiciary

A BILL

To further competition in the insurance industry.

1.

Short title

This Act may be cited as the Insurance Industry Competition Act of 2007.

2.

Antitrust enforcement authority

(a)

In general

The Act of March 9, 1945 (59 Stat. 33; 15 U.S.C. 1011 et seq.) (commonly known as the McCarran-Ferguson Act) is amended—

(1)

in section 2(b) (15 U.S.C. 1012(b)), by—

(A)

inserting as it relates to unfair methods of competition, after Commission Act, as amended,; and

(B)

striking to the extent that such business is not regulated by State law and inserting The Federal Trade Commission Act, as it relates to areas other than unfair methods of competition, shall be applicable to the business of insurance to the extent that such business is not regulated by State law.; and

(2)

by striking section 3 (15 U.S.C. 1013).

(b)

Federal Trade Commission Act

Section 6 of the Federal Trade Commission Act (15 U.S.C. 46) is amended by striking the third undesignated paragraph following subsection (i).

3.

Joint enforcement policy statement

The Department of Justice and the Federal Trade Commission may issue joint statements of their antitrust enforcement policies regarding joint activities in the business of insurance.