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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. § 4805a Call report simplification us united_states_code code_section 12 BANKS AND BANKING 48 FINANCIAL INSTITUTIONS REGULATORY IMPROVEMENT 4805a 12 U.S.C. § 4805a 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/s4805a data/legal/raw/us/code/title-12/usc12.xml 1b2a5790ecf00d2003708339496fb9a180801facc32da12a3166d2f2b02fd948 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 27f110fe1bbdb1035ecb345bbf3ac9b7dec5acf48488522c3180d53d6316d702 2026-07-04 official
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12 U.S.C. § 4805a - Call report simplification

Text

(a) Modernization of call report filing and disclosure system In order to reduce the administrative requirements pertaining to bank reports of condition, savings association financial reports, and bank holding company consolidated and parent-only financial statements, and to improve the timeliness of such reports and statements, the Federal banking agencies shall—

(1) work jointly to develop a system under which—

(A) insured depository institutions and their affiliates may file such reports and statements electronically; and

(B) the Federal banking agencies may make such reports and statements available to the public electronically; and

(2) not later than 1 year after December 27, 2000, report to the Congress and make recommendations for legislation that would enhance efficiency for filers and users of such reports and statements.

(b) Uniform reports and simplification of instructions The Federal banking agencies shall, consistent with the principles of safety and soundness, work jointly—

(1) to adopt a single form for the filing of core information required to be submitted under Federal law to all such agencies in the reports and statements referred to in subsection (a); and

(2) to simplify instructions accompanying such reports and statements and to provide an index to the instructions that is adequate to meet the needs of both filers and users.

(c) Review of call report schedule Each Federal banking agency shall—

(1) review the information required by schedules supplementing the core information referred to in subsection (b); and

(2) eliminate requirements that are not warranted for reasons of safety and soundness or other public purposes.

(d) Definition In this section, the term “Federal banking agency” has the same meaning as in section 1813 of this title.

(Pub. L. 106569, title XII, § 1211, Dec. 27, 2000, 114 Stat. 3035.)

Notes

Editorial Notes

Codification Section was enacted as part of the Financial Regulatory Relief and Economic Efficiency Act of 2000, and also as part of the American Homeownership and Economic Opportunity Act of 2000, and not as part of title III of Pub. L. 103325 which comprises this chapter. Provisions similar to this section are contained in section 4805 of this title.