[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5098 Introduced in House (IH)]






108th CONGRESS
  2d Session
                                H. R. 5098

 To provide more effective congressional oversight over the operations 
and administrative expenses of the Comptroller of the Currency, and for 
                            other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 15, 2004

Mr. Gutierrez introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
 To provide more effective congressional oversight over the operations 
and administrative expenses of the Comptroller of the Currency, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Comptroller of the Currency 
Accountability Act''.

SEC. 2. ACCOUNTABILITY OF THE COMPTROLLER OF THE CURRENCY.

    Section 5240 of the Revised Statutes of the United States (12 
U.S.C. 482) is amended by adding at the end the following new 
subsection:
    ``(g) Administrative Expenses.--
            ``(1) In general.--Notwithstanding any other provision of 
        this title or any other provision of law, the Comptroller of 
        the Currency may not incur any obligation for administrative 
        expenses in carrying out authorized activities for any fiscal 
        year in excess of the amount provided in advance in an 
        appropriation Act for such expenses for such year.
            ``(2) Authorization.--There are authorized to be provided 
        such amounts as may be necessary for the administrative 
        expenses of the Comptroller of the Currency for fiscal years 
        2005, 2006, and 2007.''.
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