S 1463
115th Congress
Senate
Finance and Financial Sector
Banking and financial institutions regulation
Department of the Treasury
Executive agency funding and structure
Financial Stability Oversight Council
Insurance industry and regulation
Financial Stability Oversight Council Insurance Member Continuity Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 7, 2017
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.
Jun 28, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 28, 2017
Introduced in Senate
Plain-English summary
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.
What's happening now
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.
Committees of jurisdiction
1