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Easier Registration for Index-Linked Annuities

This act aims to simplify the registration process for specific types of annuities whose returns are tied to stock market indices. This means citizens considering such financial products can expect clearer and more understandable information, helping them make informed investment decisions.
Key points
Introduction of a new, simpler registration form for index-linked annuities to make them easier to understand.
The Securities and Exchange Commission (SEC) must design the form to ensure information is clear and understandable for everyone, even without legal expertise.
If the SEC fails to create the new form on time, these annuities can still be registered using an existing form, ensuring continuity.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_4865
Sponsor: Rep. Adams, Alma S. [D-NC-12]
Process start date: 2021-07-30
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Registration for Index-Linked Annuities Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4865.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-30.

What are the main provisions?

Key points include:

  • Introduction of a new, simpler registration form for index-linked annuities to make them easier to understand.
  • The Securities and Exchange Commission (SEC) must design the form to ensure information is clear and understandable for everyone, even without legal expertise.
  • If the SEC fails to create the new form on time, these annuities can still be registered using an existing form, ensuring continuity.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Adams, Alma S. [D-NC-12].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy