PAID Act

Hozzl · 2025-06-24T12:44:03Z

Explore the details of House Bill 3664 PAID Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

6/24/2025, 12:44 PM

Summary of Bill HR 3664

The bill, designated as H.R. 3664 in the 119th Congress and introduced on May 29, 2025, aims to prohibit private passenger automobile insurers from utilizing specific income proxies for the determination of insurance rates and eligibility.

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Current Status of Bill HR 3664

Bill HR 3664 is currently in the status of Bill Introduced since May 29, 2025. Bill HR 3664 was introduced during Congress 119 and was introduced to the House on May 29, 2025. Bill HR 3664's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of May 29, 2025

Bipartisan Support of Bill HR 3664

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 3664

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3664

To prohibit private passenger automobile insurers from using certain income proxies to determine insurance rates and eligibility.

Comments

Willow Hale

617

7 months ago

I'm not so sure about this new bill, it seems like it could have some negative consequences. I need to do more research before forming a solid opinion on it.