---
kind: "diff"
citation: "H.R. 5461"
bill: "113-hr-5461"
heading: "Insurance Capital Standards Clarification Act of 2014"
from: "ih"
from_label: "Introduced in House"
to: "eh"
to_label: "Engrossed in House"
sections_amended: 2
sections_added: 0
sections_removed: 0
url: "https://uscodex.org/bills/113/hr/5461/changes/eh"
---

# H.R. 5461 — what changed

H.R. 5461, Insurance Capital Standards Clarification Act of 2014 — 2 sections amended between Introduced in House and Engrossed in House.

Edits are marked `<del>struck</del>` and `<ins>inserted</ins>`.

## Sec. 302 Definition of points and fees

- (a) Amendment to section 103 of TILA— Section 103(bb)(4) of the Truth in Lending Act (15 U.S.C. 1602(bb)(4)) is amended—
  - (1) by striking “paragraph (1)(B)” and inserting “paragraph (1)(A) and section 129C”;
  - (2) in subparagraph (C)—
    - (A) by inserting “and insurance” after “taxes”;
    - (B) in clause (ii), by inserting “, except as retained by a creditor or its affiliate as a result of their participation in an affiliated business arrangement (as defined in section 2(7) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2602(7))” after “compensation”; and
    - (C) by striking clause (iii) and inserting the following:
      - “(iii) the charge is—
      - “(I) a bona fide third-party charge not retained by the mortgage originator, creditor, or an affiliate of the creditor or mortgage originator; or
      - “(II) a charge set forth in section 106(e)(1);”
  - (3) in subparagraph (D)—
    - (A) by striking “accident,”; and
    - (B) by striking “or any payments” and inserting “and any payments”.
- (b) Amendment to section 129C of TILA— Section 129C of the Truth in Lending Act (15 U.S.C. 1639c) is amended—
  - (1) in subsection (a)(5)(C), by striking “103” and all that follows through “or mortgage <del>originator” </del><ins>originator)” </ins>and inserting “103(bb)(4)”; and
  - (2) in subsection (b)(2)(C)(i), by striking “103” and all that follows through “or mortgage originator)” and inserting “103(bb)(4)”.

## Sec. 401 Short title

- This title may be cited as the “Business Risk Mitigation and Price Stabilization Act of <del>2013”.</del><ins>2014”.</ins>