2018 US Code
Title 2 - The Congress
Chapter 17A - Congressional Budget and Fiscal Operations
Subchapter III - Credit Reform
Sec. 661e - Treatment of deposit insurance and agencies and other insurance programs

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Citation 2 U.S.C. § 661e (2018)
Section Name §661e. Treatment of deposit insurance and agencies and other insurance programs
Section Text (a) In general

This subchapter shall not apply to the credit or insurance activities of the Federal Deposit Insurance Corporation, National Credit Union Administration, Resolution Trust Corporation, Pension Benefit Guaranty Corporation, National Flood Insurance, National Insurance Development Fund, Crop Insurance, or Tennessee Valley Authority.

(b) Study

The Director and the Director of the Congressional Budget Office shall each study whether the accounting for Federal deposit insurance programs should be on a cash basis on the same basis as loan guarantees, or on a different basis. Each Director shall report findings and recommendations to the President and the Congress on or before May 31, 1991.

(c) Access to data

For the purposes of subsection (b), the Office of Management and Budget and the Congressional Budget Office shall have access to all agency data that may facilitate these studies.

Source Credit

(Pub. L. 93–344, title V, §506, as added Pub. L. 101–508, title XIII, §13201(a), Nov. 5, 1990, 104 Stat. 1388–614; amended Pub. L. 105–33, title X, §10117(d), Aug. 5, 1997, 111 Stat. 695.)

Editorial Notes PRIOR PROVISIONS

A prior section 506 of Pub. L. 93–344, title V, July 12, 1974, 88 Stat. 322, amended section 105 of Title 1, General Provisions, and enacted provisions set out as a note under section 105 of Title 1, prior to the general revision of title V of Pub. L. 93–344 by Pub. L. 101–508.

AMENDMENTS

1997—Pub. L. 105–33 struck out subsec. (a) designation and heading, redesignated pars. (1) to (3) of former subsec. (a) as subsecs. (a) to (c), respectively, inserted subsec. headings, and substituted "subsection (b)" for "paragraph (2)" in subsec. (c).

Publication Title United States Code, 2018 Edition, Title 2 - THE CONGRESS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 2 - THE CONGRESS
CHAPTER 17A - CONGRESSIONAL BUDGET AND FISCAL OPERATIONS
SUBCHAPTER III - CREDIT REFORM
Sec. 661e - Treatment of deposit insurance and agencies and other insurance programs
Contains section 661e
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 88 Stat. 322
104 Stat. 1388-614
111 Stat. 695
Public Law References Public Law 93-344, Public Law 101-508, Public Law 105-33
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