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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 2806 Compliance improvement methods us united_states_code code_section 12 BANKS AND BANKING 29 HOME MORTGAGE DISCLOSURE 2806 12 U.S.C. § 2806 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s2806 data/legal/raw/us/code/title-12/usc12.xml eb86a075f1b4dbd41449c9532162ea73d02ac6b0c88462529eb6b29eb4cf9fba e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 8eb8d3ce195f30b24970898f19e0dc2613a8e78649eb9b4c52df80f68b801dfd 2026-07-04 official
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12 U.S.C. § 2806 - Compliance improvement methods

Text

(a) In general (1) Consultation required The Director of the Bureau of Consumer Financial Protection, with the assistance of the Secretary, the Director of the Bureau of the Census, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and such other persons as the Bureau 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) Authorization of appropriations There are authorized to be appropriated, such sums as may be necessary to carry out this subsection.

(3) Contracting authority The Director of the Bureau of Consumer Financial Protection is authorized to utilize, contract with, act through, or compensate any person or agency in order to carry out this subsection.

(b) Recommendations to Congress The Director of the Bureau of Consumer Financial Protection shall recommend to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives, such additional legislation as the Director of the Bureau of Consumer Financial Protection deems appropriate to carry out the purpose of this chapter.

(Pub. L. 94200, title III, § 307, as added Pub. L. 111203, title X, § 1094(6), July 21, 2010, 124 Stat. 2101.)

Notes

Editorial Notes

Prior ProvisionsA prior section 2806, Pub. L. 94200, title III, § 307, Dec. 31, 1975, 89 Stat. 1127; Pub. L. 100628, title X, § 1087(c), Nov. 7, 1988, 102 Stat. 3280; Pub. L. 10173, title VII, § 744(p)(3), Aug. 9, 1989, 103 Stat. 440, which related to research and improved methods; authorization of appropriations; recommendations to congressional committees, was repealed by Pub. L. 111203, title X, § 1094(6), July 21, 2010, 124 Stat. 2101.

Statutory Notes and Related Subsidiaries

Effective DateSection effective on the designated transfer date, see section 1100H of Pub. L. 111203, set out as an Effective Date of 2010 Amendment note under section 552a of Title 5, Government Organization and Employees.