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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 2 U.S.C. § 661e Treatment of deposit insurance and agencies and other insurance programs us united_states_code code_section 2 THE CONGRESS 17A CONGRESSIONAL BUDGET AND FISCAL OPERATIONS 661e 2 U.S.C. § 661e current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc02@119-100.zip /us/usc/t2/s661e data/legal/raw/us/code/title-02/usc02.xml 8c5ac1be87c5ca5b06390d0fda4843111d319946102d5c0f0bbc00598d523132 ec6910a011de0a97d11b263bbcd649766188311e429ae6bdb5fc2cf5e6ebbb9e 99e4d65e8a50cf489a3a643cd5112dbc7615cf44731657de467d7ee1d0cb42af 2026-07-04 official
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2 U.S.C. § 661e - Treatment of deposit insurance and agencies and other insurance programs

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.

(Pub. L. 93344, title V, § 506, as added Pub. L. 101508, title XIII, § 13201(a), Nov. 5, 1990, 104 Stat. 1388614; amended Pub. L. 10533, title X, § 10117(d), Aug. 5, 1997, 111 Stat. 695.)

Notes

Editorial Notes

Prior ProvisionsA prior section 506 of Pub. L. 93344, 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. 93344 by Pub. L. 101508.

Amendments1997—Pub. L. 10533 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).