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republic-os/legal/us/code/title-12/chapter-34/section-3304.md
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Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

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

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---
type: "LegalText"
title: "12 U.S.C. § 3304"
description: "Costs and expenses of Council"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "34"
chapter_name: "FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL"
section: "3304"
citation: "12 U.S.C. § 3304"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s3304"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "e0dad571f9bc76d06691df39cab2f8cbc026aeaedeaf11c4d43e1be5c12cb509"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "baab4bc67130898f0b36247911bca826a33399ef03636df84aedf84b99fb000e"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 12 U.S.C. § 3304 - Costs and expenses of Council
## Text
One-fifth of the costs and expenses of the Council, including the salaries of its employees, shall be paid by each of the Federal financial institutions regulatory agencies. Annual assessments for such share shall be levied by the Council based upon its projected budget for the year, and additional assessments may be made during the year if necessary.
(Pub. L. 95630, title X, § 1005, Nov. 10, 1978, 92 Stat. 3695.)
## Notes
Statutory Notes and Related Subsidiaries
Effective DateSection effective upon the expiration of 120 days after Nov. 10, 1978, see section 2101 of Pub. L. 95630, set out as a note under section 375b of this title.