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H.R. 3110 (115th): Financial Stability Oversight Council Insurance Member Continuity Act

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About the bill

Source: Republican Policy Committee

H.R. 3110 would allow the Independent Member with insurance expertise on the Financial Stability Oversight Council (FSOC) to continue to serve for up to 18 months after the end of the member’s term if a successor has not been appointed and confirmed.

Under current law, FSOC is composed of ten voting members—the heads of nine federal financial agencies and an independent member with insurance expertise appointed by the President, with the advice and consent of the Senate. The Dodd-Frank Act established a six-year term on FSOC for the Independent Member, which is currently set to expire on September 30, 2017. Absent the appointment and confirmation of a successor, the expiration of the Independent Member’s term would leave FSOC without a voting member with insurance expertise because ...

Sponsor and status

Photo of sponsor Randy Hultgren

Randy Hultgren

Sponsor. Representative for Illinois's 14th congressional district. Republican.

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Last Updated: Sep 26, 2017
Length: 1 page
Introduced
Jun 29, 2017
115th Congress (2017–2019)
Status

Enacted — Signed by the President on Sep 27, 2017

This bill was enacted after being signed by the President on September 27, 2017.

Law
Pub.L. 115-61
Cosponsors

29 Cosponsors (18 Democrats, 11 Republicans)

Source
Congress.gov

Incorporated legislation

This bill incorporates provisions from:

S. 1463: Financial Stability Oversight Council Insurance Member Continuity Act

Ordered Reported on Sep 7, 2017. 100% incorporated. (compare text)

History

Jun 29, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

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Jul 25, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

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Sep 5, 2017
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

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Sep 5, 2017
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

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Sep 19, 2017
 
Passed Senate

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was by Unanimous Consent so no record of individual votes was made.

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Sep 27, 2017
 
Enacted — Signed by the President

The President signed the bill and it became law.

H.R. 3110 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 3110. This is the one from the 115th Congress.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.

How to cite this information.

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“H.R. 3110 — 115th Congress: Financial Stability Oversight Council Insurance Member Continuity Act.” www.GovTrack.us. 2017. August 2, 2021 <https://www.govtrack.us/congress/bills/115/hr3110>

Where is this information from?

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