Sec. 911. Adjustments for changes in gross domestic product
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Section 2(h)(7)(C)(ii) of the Commodity Exchange Act ( 7 U.S.C. 2(h)(7)(C)(ii) ) is amended by inserting (as such amount is adjusted annually by the Commission to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) after $10,000,000,000 each place that term appears. Section 1025(a) of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5515(a) ) is amended by striking $10,000,000,000 each place that term appears and inserting $50,000,000,000 (as such amount is adjusted annually by the Commission to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) .
Section 1026(a) of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5516(a) ) is amended by striking $10,000,000,000 each place that term appears and inserting $50,000,000,000 (as such amount is adjusted annually by the Commission to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) . This subsection and the amendments made by this subsection shall take effect on the date that is 45 days after the date of enactment of this title.
Section 3C(g)(3)(B) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c–3(g)(3)(B) ) is amended by inserting (as such amount is adjusted annually by the Commission to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) after $10,000,000,000 each place that term appears. Section 920(a)(6)(A) of the Electronic Fund Transfer Act ( 15 U.S.C. 1693o–2(a)(6)(A) ) is amended by inserting (as such amount is adjusted annually by the Board to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) after $10,000,000,000 .
Section 334(e) of the Enhancing Financial Institution Safety and Soundness Act of 2010 (title III of Public Law 111–203 ; 124 Stat. 1539) is amended by inserting (as such amount is adjusted annually by the Corporation to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) after $10,000,000,000 . Section 956(f) of the Investor Protection and Securities Reform Act of 2010 ( 15 U.S.C. 5641(f) ) is amended by inserting (as such amount is adjusted annually by the appropriate Federal regulator to reflect the percentage change for the previous calendar year in the gross domestic product of the United States, as calculated by the Bureau of Economic Analysis of the Department of Commerce) after $1,000,000,000 .
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U.S. Code
- Jurisdiction of Commission; liability of principal for act of agent; Commodity Futures Trading Commission; transaction in interstate commerce§ 2
- Supervision of very large banks, savings associations, and credit unions§ 5515
- Other banks, savings associations, and credit unions§ 5516
- Repealed. Pub. L. 111–314, § 6, Dec. 18, 2010, 124 Stat. 3444§ 5641
4 references not yet in our index
- 15 USC 78c–3(g)(3)(B)
- 15 USC 1693o–2(a)(6)(A)
- Pub. L. 111-203
- 124 Stat. 1539
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Sec. 911
Adjustments for changes in gross domestic product
Cite15 USC 78c–3(g)(3)(B)
Cite15 USC 1693o–2(a)(6)(A)
Pub. L.Pub. L. 111-203
Stat.124 Stat. 1539
Cites 8Cited by 0 across 0 sources