Bipartisan legislation calling for creation of an optional federal charter will soon be introduced in the House, a sponsor of such legislation in the Senate said today.
In disclosing the plans of Reps. Ed Royce, R-Calif., and Paul Kanjorski, D-Pa., to introduce legislation, Sen. John Sununu, R-N.H., said the lawmakers should work to maintain the broad focus of the Senate optional federal charter legislation when they introduce their version.
Sen. Sununu made his comments in a speech at a meeting of the Property Casualty Insurers Association of America.
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