Title 12 — Banks and Banking
Chapter 29 — Home Mortgage Disclosure
§ 2806. Compliance improvement methods
Statutory text
In general
Consultation required
The Director of the Bureau of Consumer Financial Protection, with the assistance of the Secretary, the Director of the Bureau of the Census, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and such other persons as the Bureau deems appropriate, shall develop or assist in the improvement of, methods of matching addresses and census tracts to facilitate compliance by depository institutions in as economical a manner as possible with the requirements of this chapter.
Authorization of appropriations
There are authorized to be appropriated, such sums as may be necessary to carry out this subsection.
Contracting authority
The Director of the Bureau of Consumer Financial Protection is authorized to utilize, contract with, act through, or compensate any person or agency in order to carry out this subsection.
Recommendations to Congress
The Director of the Bureau of Consumer Financial Protection shall recommend to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives, such additional legislation as the Director of the Bureau of Consumer Financial Protection deems appropriate to carry out the purpose of this chapter.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 94–200 title III § 307 · 89 Stat. 1124
Enacted · 12 U.S.C. § 2806
(Pub. L. 94–200, title III, § 307, as added Pub. L. 111–203, title X, § 1094(6), July 21, 2010, 124 Stat. 2101.)
Source evidence
Code source credit
(Pub. L. 94–200, title III, § 307, as added Pub. L. 111–203, title X, § 1094(6), July 21, 2010, 124 Stat. 2101.)Enacted provision · exact public law section
Sec. 307. research and improved methods (a) (1) The Federal Home Loan Bank Board, with the 12 USC 2806. assistance of the Secretary, the Director of the Bureau of the Census, the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and such other persons as the Federal Home Loan Bank Board deems appropriate, shall develop, or assist in the improvement of, methods of matching addresses and census tracts to facilitate compliance by depository institutions in as economical a manner as possible with the requirements of this title. (2) There is authorized to be appropriated such sums as may be necessary to carry out this subsection. (3) The Federal Home Loan Bank Board is authorized to utilize, contract with, act through, or compensate any person or agency in order to carry out this subsection. (b) The Federal Home Loan Bank Board shall recommend to the Committee on Banking, Currency and Housing of the House of Representatives and the Committee on Banking, Housing and Urban Affairs of the Senate such additional legislation as the Federal Home Loan Bank Board deems appropriate to carry out the purpose of this title.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Prior Provisions
A prior section 2806, Pub. L. 94–200, title III, § 307, , 89 Stat. 1127; Pub. L. 100–628, title X, § 1087(c), , 102 Stat. 3280; Pub. L. 101–73, title VII, § 744(p)(3), , 103 Stat. 440, which related to research and improved methods; authorization of appropriations; recommendations to congressional committees, was repealed by Pub. L. 111–203, title X, § 1094(6), , 124 Stat. 2101.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as an Effective Date of 2010 Amendment note under section 552a of Title 5, Government Organization and Employees.
Credits
(Pub. L. 94–200, title III, § 307, as added Pub. L. 111–203, title X, § 1094(6), , 124 Stat. 2101.)