§ 2806. — Research and improved methods; authorization of appropriations; recommendations to Congressional committees.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC2806]
TITLE 12--BANKS AND BANKING
CHAPTER 29--HOME MORTGAGE DISCLOSURE
Sec. 2806. Research and improved methods; authorization of
appropriations; recommendations to Congressional committees
(a)(1) The Director of the Office of Thrift Supervision, with the
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 Director of the Office of Thrift Supervision 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.
(2) There is authorized to be appropriated such sums as may be
necessary to carry out this subsection.
(3) The Director of the Office of Thrift Supervision is authorized
to utilize, contract with, act through, or compensate any person or
agency in order to carry out this subsection.
(b) The Director of the Office of Thrift Supervision shall recommend
to the Committee on Banking, Finance and Urban Affairs of the House of
Representatives and the Committee on Banking, Housing, and Urban Affairs
of the Senate such additional legislation as the Director of the Office
of Thrift Supervision deems appropriate to carry out the purpose of this
chapter.
(Pub. L. 94-200, title III, Sec. 307, Dec. 31, 1975, 89 Stat. 1127; Pub.
L. 100-628, title X, Sec. 1087(c), Nov. 7, 1988, 102 Stat. 3280; Pub. L.
101-73, title VII, Sec. 744(p)(3), Aug. 9, 1989, 103 Stat. 440.)
Amendments
1989--Subsecs. (a)(1), (3), (b). Pub. L. 101-73 substituted
``Director of the Office of Thrift Supervision'' for ``Federal Home Loan
Bank Board'' wherever appearing.
1988--Subsec. (b). Pub. L. 100-628 substituted ``Committee on
Banking, Finance and Urban Affairs of the House of Representatives'' for
``Committee on Banking, Currency and Housing of the House of
Representatives'' and inserted a comma after Housing in the phrase
``Committee on Banking, Housing, and Urban Affairs of the Senate''.
Change of Name
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of Pub.
L. 104-14, set out as a note preceding section 21 of Title 2, The
Congress. Committee on Banking and Financial Services of House of
Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally transferred
from Committee on Energy and Commerce of House of Representatives by
House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001.
