Sec. 364. Bringing the Office of the Comptroller of the Currency into the regular appropriations process
385 words·~2 min read·
/bill/115/hr/10/ih/section-364A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 5240A of the Revised Statutes of the United States ( 12 U.S.C. 16 ) is amended— by striking Sec. 5240A. The Comptroller of the Currency may collect an assessment, fee, or other charge from any entity described in section 3(q)(1) of the Federal Deposit Insurance Act ( and inserting the following: 12 U.S.C. 1813(q)(1) ), as the Comptroller determines is necessary or appropriate to carry out the responsibilities of the Office of the Comptroller of the Currency. In establishing the amount of an assessment, fee, or charge collected from an entity under this section, In establishing the amount of an assessment, fee, or charge collected from an entity under subsection (b), ; by striking Funds derived and all that follows through the end of the section; and by adding at the end the following:
The Comptroller of the Currency shall impose and collect assessments, fees, or other charges that are designed to recover the costs to the Government of the annual appropriation to the Office of the Comptroller of the Currency by Congress. Assessments and other fees described under paragraph
(1)for any fiscal year— shall be deposited and credited as offsetting collections to the account providing appropriations to the Office of the Comptroller of the Currency; and except as provided in paragraph (3), shall not be collected for any fiscal year except to the extent provided in advance in appropriation Acts. If on the first day of a fiscal year a regular appropriation to the Office of the Comptroller of the Currency has not been enacted, the Comptroller of the Currency shall continue to collect (as offsetting collections) the assessments and other fees described under paragraph
(1)at the rate in effect during the preceding fiscal year, until 60 days after the date such a regular appropriation is enacted. . Section 5240 ( 12 U.S.C. 481 et seq.) of the Revised Statutes of the United States is amended by striking the fourth undesignated paragraph. The amendments made by this section shall apply with respect to expenses paid and fees collected on or after the date that is 90 days after the date of the enactment of the first appropriation Act that provides for appropriations to the Comptroller of the Currency and that is enacted after the date of the enactment of this Act.
Connectionstraces to 3
Citation graph
cites case law
Sec. 364
Bringing the Office of the Comptroller of the Currency into the regular appropriations process
Cites 3Cited by 0 across 0 sources