so what we have here now is the narab clearing-house. this would allow the agents to complete the process only twice. once in their home state and once again for narab. and then be eligible to sell in all the states. here's an important point. narab is supported by all the stakeholders, including, as the gentleman just said, by the state insurance regulators, and it does so because it brings much-needed efficiency to a multistate licensing process. and while doing this, the legislation would also preserve, and to me this is very important, state-based insurance regulation and also consumer protection. finally, this legislation would not, as was pointed out, create a brand-new federal insurance regulator in its place. you see, by law narab would not be a regulator or a part of any federal agencies. it would have no -- any federal agency. it would have no regulatory. so with 56 approaches, this bipartisan bill would reduce this needed -- needless red tape and complexity that's out there and would help insurance agents better serve their cl