(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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Placed on the Union Calendar, Calendar No. 211.
Reported by the Committee on Financial Services. H. Rept. 115-293.
Mr. Hultgren moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H6637-6638)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3110.
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.
Considered as unfinished business. (consideration: CR H6643)
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)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5867)
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S5867)
Message on Senate action sent to the House.
Presented to President.
Signed by President.
Became Public Law No: 115-61.
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Placed on the Union Calendar, Calendar No. 211.
Reported by the Committee on Financial Services. H. Rept. 115-293.
Mr. Hultgren moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H6637-6638)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3110.
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.
Considered as unfinished business. (consideration: CR H6643)
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)
Banking and financial institutions regulationDepartment of the TreasuryExecutive agency funding and structureFinancial Stability Oversight CouncilInsurance industry and regulation
Financial Stability Oversight Council Insurance Member Continuity Act
USA115th CongressHR-3110| House
| Updated: 9/27/2017
(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.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Placed on the Union Calendar, Calendar No. 211.
Reported by the Committee on Financial Services. H. Rept. 115-293.
Mr. Hultgren moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H6637-6638)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3110.
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.
Considered as unfinished business. (consideration: CR H6643)
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)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5867)
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S5867)
Message on Senate action sent to the House.
Presented to President.
Signed by President.
Became Public Law No: 115-61.
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Placed on the Union Calendar, Calendar No. 211.
Reported by the Committee on Financial Services. H. Rept. 115-293.
Mr. Hultgren moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H6637-6638)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3110.
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.
Considered as unfinished business. (consideration: CR H6643)
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)
Banking and financial institutions regulationDepartment of the TreasuryExecutive agency funding and structureFinancial Stability Oversight CouncilInsurance industry and regulation