[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3110 Enrolled Bill (ENR)]

        H.R.3110

                     One Hundred Fifteenth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

          Begun and held at the City of Washington on Tuesday,
          the third day of January, two thousand and seventeen


                                 An Act


 
 To amend the Financial Stability Act of 2010 to modify the term of the 
    independent member of the Financial Stability Oversight Council.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
    This Act may be cited as the ``Financial Stability Oversight 
Council Insurance Member Continuity Act''.
SEC. 2. FINANCIAL STABILITY OVERSIGHT COUNCIL.
    Section 111(c) of the Financial Stability Act of 2010 (12 U.S.C. 
5321(c)) is amended by adding at the end the following:
        ``(4) Term of independent member.--Notwithstanding paragraph 
    (1), if a successor to the independent member of the Council 
    serving under subsection (b)(1)(J) is not appointed and confirmed 
    by the end of the term of service of such member, such member may 
    continue to serve until the earlier of--
            ``(A) 18 months after the date on which the term of service 
        ends; or
            ``(B) the date on which a successor to such member is 
        appointed and confirmed.''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.