HR 3110 · 115th Congress · Finance and Financial Sector

Financial Stability Oversight Council Insurance Member Continuity Act

Introduced 2017-06-29· Sponsored by Rep. Hultgren, Randy [R-IL-14]· House

Bill Progress

1
Introduced
Committee
House Vote
Senate
Enacted
Latest: Became Public Law No: 115-61.(2017-09-27)

Recorded Votes

PassedHouse · 2017-09-05
Roll #439
Yea 407Nay 1
Democrats
181 Yea·0 Nay
Republicans
226 Yea·1 Nay
PassedHouse · 2017-09-05
Roll #439
Yea 407Nay 1
Democrats
181 Yea·0 Nay
Republicans
226 Yea·1 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 3110, Financial Stability Oversight Council Insurance Member Continuity Act

Aug 16, 2017

As ordered reported by the House Committee on Financial Services on July 25, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

12 Democrats8 Republicans