About the bill
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 the Dodd-Frank Act did …
Sponsor and status
Sponsor. Representative for Illinois's 14th congressional district. Republican.
Last Updated: Sep 26, 2017
Length: 1 page
What legislators are saying
“President Signs Hultgren-Waters Regulatory Amendment into Law”
— Rep. Randy Hultgren [R-IL14, 2011-2018] (Sponsor) on Sep 27, 2017
This bill incorporates provisions from:
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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GovTrack.us. (2022). H.R. 3110 — 115th Congress: Financial Stability Oversight Council Insurance Member Continuity Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr3110
“H.R. 3110 — 115th Congress: Financial Stability Oversight Council Insurance Member Continuity Act.” www.GovTrack.us. 2017. September 26, 2022 <https://www.govtrack.us/congress/bills/115/hr3110>
Financial Stability Oversight Council Insurance Member Continuity Act, Pub. L. No. 115-61, H.R. 3110, 115th Cong. (2017).
|title=H.R. 3110 (115th)
|accessdate=September 26, 2022
|author=115th Congress (2017)
|date=June 29, 2017
|quote=Financial Stability Oversight Council Insurance Member Continuity Act
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