12 U.S.C. § 3304
Costs and expenses of Council
United States · Title 12 — BANKS AND BANKING · Status: effective
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- Citation
- 12 U.S.C. § 3304, Costs and expenses of Council, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438499
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Full text
One-fifth of the costs and expenses of the Council, including the salaries of its employees, shall be paid by each of the Federal financial institutions regulatory agencies. Annual assessments for such share shall be levied by the Council based upon its projected budget for the year, and additional assessments may be made during the year if necessary.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Financial Institutions Regulatory and Interest Rate Control Act of 1978House: no recorded tallySenate: no recorded tally