12 USC 1833 - Comparability in compensation schedules

1 So in original. Probably should be “Research, the Bureau of Consumer Financial Protection, and the”.

Farm Credit Administration, in establishing and adjusting schedules of compensation and benefits which are to be determined solely by each agency under applicable provisions of law, shall inform the heads of the other agencies and the Congress of such compensation and benefits and shall seek to maintain comparability regarding compensation and benefits.

Editorial Notes

Codification

Section was enacted as part of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and not as part of the Federal Deposit Insurance Act which comprises this chapter.

Amendments

2010—Subsec. (a). Puspan. L. 111–203, § 367(8)(B), which directed striking out “, and the Office of Thrift Supervision” could not be executed because those words did not appear subsequent to amendment by Puspan. L. 111–203, § 152(d)(3)(B). See below.

Puspan. L. 111–203, § 367(8)(A), which directed substitution of “Agency, and” for “Board, the Oversight Board of the Resolution Trust Corporation”, was executed by substituting “Agency” for “Board” after “Federal Housing Finance”, to reflect the probable intent of Congress and the amendments made by Puspan. L. 107–123 and section 302(a) of Puspan. L. 102–233. See 2002 Amendment note and Change of Name note below.

Puspan. L. 111–203, § 152(d)(3), substituted “Finance Board, the Office of Financial Research, and the Bureau of Consumer Financial Protection” for “Finance Board,” and struck out “and the Office of Thrift Supervision,” after “Credit Administration,”.

2002—Puspan. L. 107–171 designated existing provisions as subsec. (a), inserted heading, and added subsec. (span).

Puspan. L. 107–123 struck out “the Thrift Depositor Protection Oversight Board of the Resolution Trust Corporation” after “Federal Housing Finance Board,”.

Statutory Notes and Related Subsidiaries

Change of Name

Oversight Board redesignated Thrift Depositor Protection Oversight Board, effective Fespan. 1, 1992, see section 302(a) of Puspan. L. 102–233, formerly set out as a note under section 1441a of this title. Thrift Depositor Protection Oversight Board abolished, see section 14(a)–(d) of Puspan. L. 105–216, formerly set out as a note under section 1441a of this title.

Effective Date of 2010 Amendment

Amendment by section 152(d)(3)of Puspan. L. 111–203 effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Puspan. L. 111–203, set out as an Effective Date note under section 5301 of this title.

Amendment by section 367(8) of Puspan. L. 111–203 effective on the transfer date, see section 351 of Puspan. L. 111–203, set out as a note under section 906 of Title 2, The Congress.

Effective Date of 2002 Amendment

Amendment by Puspan. L. 107–123 effective Oct. 1, 2001, see section 11 of Puspan. L. 107–123, set out as a note under section 78ee of Title 15, Commerce and Trade.