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12 U.S.C. § 3311

Required review of regulations

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 3311, Required review of regulations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438506
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Not less frequently than once every 10 years, the Council and each appropriate Federal banking agency represented on the Council shall conduct a review of all regulations prescribed by the Council or by any such appropriate Federal banking agency, respectively, in order to identify outdated or otherwise unnecessary regulatory requirements imposed on insured depository institutions. In conducting the review under subsection (a), the Council or the appropriate Federal banking agency shall— The Council or the appropriate Federal banking agency shall ensure that the notice and comment period described in subsection (b)(2) is conducted with respect to all regulations described in subsection (a) not less frequently than once every 10 years. The Council or the appropriate Federal banking agency shall— Not later than 30 days after carrying out subsection (d)(1), the Council shall submit to the Congress a report, which shall include—

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.