Financial Stability Oversight Council Insurance Member Continuity Act

Bill: 115-hr-3110
Sponsor: Rep. Hultgren, Randy [R-IL-14]
Introduced: 2017-06-29 in the House
Policy area: Finance and Financial Sector
Subjects: Banking and financial institutions regulation
Department of the Treasury
Executive agency funding and structure
Financial Stability Oversight Council
Insurance industry and regulation

Summary:
action_date: 2017-06-29
text: 

Financial Stability Oversight Council Insurance Member Continuity Act

 
This bill amends the Financial Stability Act of 2010 to modify the term of the independent member with insurance expertise of the Financial Stability Oversight Council to allow the current member to continue to serve in the event of a delay in the naming of a successor by the end of the member's six-year term. In such a case, the independent member may continue to serve until 18 months after the end of the term or until a successor is confirmed, whichever is earlier. 

action_date: 2017-09-05
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Financial Stability Oversight Council Insurance Member Continuity Act

 
(Sec. 2) This bill amends the Financial Stability Act of 2010 to modify the term of the independent member with insurance expertise of the Financial Stability Oversight Council to allow the current member to continue to serve in the event of a delay in the naming of a successor by the end of the member's six-year term. In such a case, the independent member may continue to serve until 18 months after the end of the term or until a successor is confirmed, whichever is earlier. 

action_date: 2017-09-19
text: 
(This measure has not been amended since it was introduced. The expanded summary of the House passed version is repeated here.) 

Financial Stability Oversight Council Insurance Member Continuity Act

 
(Sec. 2) This bill amends the Financial Stability Act of 2010 to modify the term of the independent member with insurance expertise of the Financial Stability Oversight Council to allow the current member to continue to serve in the event of a delay in the naming of a successor by the end of the member's six-year term. In such a case, the independent member may continue to serve until 18 months after the end of the term or until a successor is confirmed, whichever is earlier. 

action_date: 2017-09-27
text: 
(This measure has not been amended since it was introduced. The expanded summary of the House passed version is repeated here.) 

Financial Stability Oversight Council Insurance Member Continuity Act

 
(Sec. 2) This bill amends the Financial Stability Act of 2010 to modify the term of the independent member with insurance expertise of the Financial Stability Oversight Council to allow the current member to continue to serve in the event of a delay in the naming of a successor by the end of the member's six-year term. In such a case, the independent member may continue to serve until 18 months after the end of the term or until a successor is confirmed, whichever is earlier. 


Legislative actions:
action_date: 2017-09-27
text: Signed by President.
action_date: 2017-09-27
text: Signed by President.
action_date: 2017-09-26
text: Presented to President.
action_date: 2017-09-26
text: Presented to President.
action_date: 2017-09-20
text: Message on Senate action sent to the House.
action_date: 2017-09-19
text: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5867)
action_date: 2017-09-19
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S5867)
action_date: 2017-09-06
text: Received in the Senate, read twice.
action_date: 2017-09-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2017-09-05
text: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 1 (Roll no. 439). (text: CR H6637)
action_date: 2017-09-05
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 1 (Roll no. 439).(text: CR H6637)
action_date: 2017-09-05
text: Considered as unfinished business. (consideration: CR H6643)
action_date: 2017-09-05
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2017-09-05
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 3110.
action_date: 2017-09-05
text: Considered under suspension of the rules. (consideration: CR H6637-6638)
action_date: 2017-09-05
text: Mr. Hultgren moved to suspend the rules and pass the bill.
action_date: 2017-09-05
text: Placed on the Union Calendar, Calendar No. 211.
action_date: 2017-09-05
text: Reported by the Committee on Financial Services. H. Rept. 115-293.
action_date: 2017-09-05
text: Reported by the Committee on Financial Services. H. Rept. 115-293.
action_date: 2017-07-25
text: Ordered to be Reported by the Yeas and Nays: 60 - 0.
action_date: 2017-07-25
text: Committee Consideration and Mark-up Session Held.
action_date: 2017-06-29
text: Referred to the House Committee on Financial Services.
action_date: 2017-06-29
text: Introduced in House
action_date: 2017-06-29
text: Introduced in House

Enacted as: number: 115-61