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TREAS/OCC RIN: 1557-AB46 Publication ID: Fall 1996 
Title: Community Development Corporation and Project Investments and Other Public Welfare Investments; Regulation Review 
Abstract: The OCC, as part of the OCC Regulation Review program, is reviewing all its rules and eliminating regulations that impose unnecessary burdens relative to maintaining safety and soundness and accomplishing other statutory responsibilities of the OCC. As part of that Program, the OCC is conducting a comprehensive review of Part 24 to eliminate unnecessary regulatory burdens while encouraging national banks to make prudent investments in community development corporations and projects. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 24   
Legal Authority: 12 USC 24(Eleventh)    12 USC 93a    12 USC 161    12 USC 481    12 USC 1818   
Timetable:
Action Date FR Cite
NPRM  12/28/1995  60 FR 67091   
NPRM Comment Period End  02/26/1996  60 FR 67091   
Final Action  09/23/1996  61 FR 49654   
Final Action Effective  10/23/1996  61 FR 49654   
Additional Information: ADDITIONAL AGENCY CONTACT: Michele Meyer, Attorney, Community and Consumer Law Division, (202)874-5750, fax (202)874-5322, 250 E Street SW., Washington, DC 20219.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: 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:202 649-5490
Email: karen.mcsweeney@occ.treas.gov