Financial Stability Oversight Council Insurance Member Continuity Act became law, with cosponsors from both parties
Written by the Congressional Research Service [2]. 115 words.
(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.
- Committees
- House Financial Services Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 2 of 46 bills enacted since 2013
- Text versions
- 6, from enrolled bill to public law · 330 words
- Subjects
- Banking and financial institutions regulationDepartment of the TreasuryExecutive agency funding and structureFinancial Stability Oversight CouncilInsurance industry and regulation
- Latest action
- Sep 27, 2017: Signed by President.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 115th S. 1463 Financial Stability Oversight Council Insurance Member Continuity Act R · Reported