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TREAS/OCC RIN: 1557-AE34 Publication ID: Spring 2019 
Title: Reforming the Community Reinvestment Act Regulatory Framework 
Abstract:

The OCC issued an ANPRM regarding options for modernizing the current regulations designed to carry out the purposes of the Community Reinvestment Act (CRA).  A new approach to CRA could bring clarity, transparency, and less burden for regulated financial institutions and consumers, while providing flexibility to these institutions in meeting the banking needs of the communities that they serve.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 25    12 CFR 195   
Legal Authority: 12 U.S.C. 21    12 U.S.C. 22    12 U.S.C. 26    12 U.S.C. 27    12 U.S.C. 30    12 U.S.C. 36    12 U.S.C. 93(a)    12 U.S.C. 161    12 U.S.C. 215    12 U.S.C. 215(a)    12 U.S.C. 481    12 U.S.C. 1462(a)    12 U.S.C. 1463    12 U.S.C. 1464    12 U.S.C. 1814    12 U.S.C. 1816    12 U.S.C. 1828(c)    12 U.S.C. 1835(a)    12 U.S.C. 2901 to 2908    12 U.S.C. 3101 to 3111    12 U.S.C. 5412(b)(2)(B)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  09/05/2018  83 FR 45053   
ANPRM Comment Period End  11/19/2018 
NPRM  06/00/2019 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0008   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0008  
RIN Data Printed in the FR: No 
Agency Contact:
Karen McSweeney
Special Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6295
Email: karen.mcsweeney@occ.treas.gov

Allison Hester-Haddad
Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-7810
Email: allison.hester-haddad@occ.treas.gov