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Data / Federal rules / 2024-06497

Community Reinvestment Act; Supplemental Rule

The Federal Deposit Insurance Corporation published this final rule in the Federal Register on March 29, 2024. It took effect on April 1, 2024.

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What the agency says

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (together referred to as the agencies, and each, individually, the agency) are issuing this supplemental rulemaking related to the agencies' Community Reinvestment Act (CRA) final rule issued on October 24, 2023, and published in the Federal Register on February 1, 2024 (2023 CRA Final Rule). The rulemaking has two components. First, the agencies are adopting an interim final rule that amends, and requests comment on, the applicability date of the facility-based assessment areas provision and public file provision included in the 2023 CRA Final Rule. Second, the agencies are adopting a final rule that makes technical amendments to the 2023 CRA Final Rule and related regulations. In addition to the rulemaking, this document makes a correction to the preamble to the 2023 CRA Final Rule regarding the OCC's Unfunded Mandates Reform Act (UMRA) regulatory analysis.

Key facts

Document number
2024-06497
Type
Final rule
Action
Interim final rule; technical amendments; correction
Agency
Treasury Department; Comptroller of the Currency; Federal Reserve System; Federal Deposit Insurance Corporation
Published
March 29, 2024
Takes effect
April 1, 2024
Dates
Effective date: This rule (including interim final rule and technical amendments) is effective on April 1, 2024.
Docket
Docket ID OCC-2022-0002; Regulation BB; Docket No. R-1830
Regulation ID (RIN)
1557-AF26; 3064-AG03; 7100-AG75
Code of Federal Regulations
12 CFR 24; 12 CFR 25; 12 CFR 35; 12 CFR 192; 12 CFR 207; 12 CFR 228; 12 CFR 345; 12 CFR 346
Topics
Banks, banking; Community development; Credit; Freedom of information; Holding companies; Investments; Low and moderate income housing; Manpower; Reporting and recordkeeping requirements; Rural areas; Savings associations; Securities; Small businesses
Pages
10

The document on federalregister.gov PDF

Other documents from the Federal Deposit Insurance Corporation

Everything from the Federal Deposit Insurance Corporation · Rules on banks, banking · Rules on community development · Rules on credit · Published in March 2024

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