Ask AI
S. 1463

Financial Stability Oversight Council Insurance Member Continuity Act

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.

Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.

Sen. Crapo, Mike [R-ID](R-ID)Sponsor
13 cosponsors7 D6 R
13cosponsors1committees3actions1related bills5subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral10000

    Introduced in Senate

Financial Stability Oversight Council Insurance Member Continuity Act — Informed