[Congressional Record Volume 144, Number 66 (Thursday, May 21, 1998)]
[Senate]
[Page S5345]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  PROVIDING FOR THE CONTINUATION OF SERVICE AND EXTENSION OF TERM OF 
    SERVICE OF MEMBERS OF THE DISTRICT OF COLUMBIA FINANCE CONTROL 
                               AUTHORITY

 Mr. FAIRCLOTH. Mr. President, I ask that a bill that I intend 
to introduce be printed in the Record. I wish to alert my colleagues 
that I hope the Senate will be able to act on this legislation prior to 
the Memorial Day recess.
  The text of the bill follows:

                                 S. --

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. CONTINUATION OF SERVICE AND EXTENSION OF THE TERM 
                   OF SERVICE OF MEMBERS OF THE DISTRICT OF 
                   COLUMBIA FINANCIAL CONTROL AUTHORITY.

       Section 101(b)(5) of the District of Columbia Financial 
     Responsibility and Management Assistance Act of 1995 (Public 
     Law 104-8; 109 Stat. 100) is amended by--
       (1) striking subparagraph (A) and inserting the following:
       ``(A) In general.--The term of each member of the Authority 
     appointed initially under this Act shall expire on September 
     1, 1998. Except as provided in subparagraph (B), each Member 
     of the Authority appointed after the initial appointments 
     shall serve for 3 years.''; and
       (2) adding at the end the following:
       ``(D) Continuation of service until successor appointed.--
     Upon the expiration of a term of office, a member of the 
     Authority may continue to serve until a successor has been 
     appointed.''.

                          ____________________